Definition of flight of capital in English English dictionary
When people lose confidence in a particular economy or market and withdraw their investment from it, you can refer to a flight of capital from that economy or market. TI has seen its shares suffer because of a flight of capital to telecom and Internet-related businesses
{i} (Econmics, Finance) money or securities invested abroad because of the fear of risks or political instability of the holder's specific counry or because there are higher returns in the country abroad