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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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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

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

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

The exact amount of this flight capital is unknown, but experts believe that since 1979 as much as $70 billion has left Latin America.

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

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