Capital Flight
/ˈkæpɪtəl flaɪt/
Definitions
- (n.) The rapid movement of large sums of money or assets out of a country due to economic or political instability, often to avoid capital controls or confiscation.
The government introduced measures to prevent capital flight amid the financial crisis.
Forms
- capital flight
Related terms
See also
Commentary
Capital flight is often discussed in the context of national economic policy and international finance law, highlighting issues of regulatory arbitrage and asset protection.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.