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flight capital

British  

noun

  1. funds transferred abroad in order to avoid high taxes or to provide for a person's needs if flight from the country becomes necessary

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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“Everyone in the real estate business was involved in ‘flight capital,’ ” a top executive told me.

From New York Times

Mind you, this was a period during which the disintegration of the Soviet Union had opened a fire-hose-like torrent of hundreds of billions of dollars in flight capital from oligarchs, wealthy apparatchiks and mobsters in Russia and its satellites.

From Washington Post

Much of this money was Chinese flight capital, but Country Garden has tried to make buying into Forest City seem almost patriotic.

From New York Times

Here’s some news to everyone except the global oligarchs gathered this week in Davos to hear Mr. Trump: It long has been understood that a Western openness to Russian flight capital is a key safety valve of the Putin regime.

From The Wall Street Journal

In the case of China, there’s a huge amount of flight capital flowing from China to the U.S.

From Washington Post