Definitions for capital flight
cap·ital flight

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1. Capital flight

   Capital flight, in economics, occurs when assets or money rapidly flow out of a country, due to an event of economic consequence or as the result of economic globalization. Such events could be an increase in taxes on capital or capital holders or the government of the country defaulting on its debt that disturbs investors and causes them to lower their valuation of the assets in that country, or otherwise to lose confidence in its economic strength. This leads to a disappearance of wealth, and is usually accompanied by a sharp drop in the exchange rate of the affected country—depreciation in a variable exchange rate regime, or a forced devaluation in a fixed exchange rate regime. This fall is particularly damaging when the capital belongs to the people of the affected country, because not only are the citizens now burdened by the loss in the economy and devaluation of their currency, but probably also, their assets have lost much of their nominal value. This leads to dramatic decreases in the purchasing power of the country's assets and makes it increasingly expensive to import goods and acquire any form of foreign facilities, e.g. medical facilities.

How to pronounce capital flight?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say capital flight in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of capital flight in Chaldean Numerology is: 9

2. Pythagorean Numerology

   The numerical value of capital flight in Pythagorean Numerology is: 7

Examples of capital flight in a Sentence

1. Yang Hai:

   The U.S. raising rates would trigger fresh fears of capital flight, so leaving the rates unchanged is positive, though mildly, regulators' softening stance in the clean-up of illegal margin financing is also market-soothing. The market had expected an end-September deadline, but obviously, it's not the case.

2. Ozlem Derici:

   The risk of capital flight remains unless the measures adopted during the state of emergency are revealed clearly.

3. Xiaoyi Shao:

   Current changes (in capital flows) are normal, which should not be regarded as capital flight.

4. Richard Ji:

   First-tier (technology) names still retain their valuation due to a capital flight to safety.

5. Andrew Collier:

   The FTZs have reduced opportunities for local government taxes and also contradict Beijing's attempt to reduce capital flight, there are many conflicting desires in the FTZ – and they can't be as effective ultimately as Beijing would hope.