Meaning of “capital flight” in the English Dictionary


"capital flight" in Business English

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capital flightnoun [ U ]

uk us

ECONOMICS, FINANCE a situation in which large amounts of money are sent out of a country to be kept or invested in other countries, for example, because of fears about the economy:

How can capital flight be skyrocketing and the market crashing when, on the surface, things look so good?

(Definition of “capital flight” from the Cambridge Business English Dictionary © Cambridge University Press)