Capital flight
The shifting of money from one country to another by companies and individuals to diversify risk and protect wealth against financial or political crises — commonly effected by over-invoicing imports or under-invoicing…
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Written up from the same chapter
Where this is taught
Free preparation for NISM Series IFSCA-01← All terms