capital flight

Language: en

📖 Definitions

  1. The rapid and large-scale movement of financial assets and capital out of a country, typically due to economic instability, political uncertainty, or restrictive regulations, often leading to currency devaluation and economic crisis.; An economic phenomenon where investors withdraw funds from a nation's financial system in response to perceived risks, such as inflation, debt defaults, or unfavorable policy changes.

💬 Examples

  1. This strategy underscores the state's commitment to enforcing strict regulatory oversight and preventing capital flight that could destabilize the broader economy.

  2. The central bank raised interest rates significantly to curb capital flight and stabilize the local currency.