flight capital

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

Example Sentences

“Everyone in the real estate business was involved in ‘flight capital,’ ” a top executive told me.

From New York Times

“Bryan," he said at some point during our short flight, “capital punishment means 'them without the capital get the punishment.' We can't help people on death row without help from people like you."

From Literature

Mind you, this was a period during which the disintegration of the Soviet Union had opened a fire-hose-like torrent of hundreds of billions of dollars in flight capital from oligarchs, wealthy apparatchiks and mobsters in Russia and its satellites.

From Washington Post

Much of this money was Chinese flight capital, but Country Garden has tried to make buying into Forest City seem almost patriotic.

From New York Times

Here’s some news to everyone except the global oligarchs gathered this week in Davos to hear Mr. Trump: It long has been understood that a Western openness to Russian flight capital is a key safety valve of the Putin regime.

From Wall Street Journal