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

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Example Sentences

I’d heard the expression “flight capital” before, but never spoken with such implicit valorisation; for Sellar, flight capital was definitely a Good Thing.

From The Guardian • Jun. 9, 2014

Standing in the tower itself, listening to Irvine Sellar hymn the benefits of flight capital, I was even more exhilarated.

From The Guardian • Jun. 9, 2014

For flight capital, the important thing about the city is that it’s not St Petersburg, or Kiev, or Beijing for that matter.

From The Guardian • Jun. 9, 2014

Switzerland, traditional safe citadel for flight capital from all over the world, two weeks ago in effect slammed shut its bank vaults to foreigners.

From Time Magazine Archive

Argentines have responded to the relative price stability by   repatriating flight capital and investing in domestic industry.

From The 1993 CIA World Factbook by United States. Central Intelligence Agency