Usually means: Movement of money out internationally.
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We found 3 dictionaries that define the word capital outflow:

General (1 matching dictionary)
  1. Capital outflow: Wikipedia, the Free Encyclopedia

Business (2 matching dictionaries)
  1. BusinessDictionary.com (No longer online)

Definitions from Wikipedia (Capital outflow)

noun:  an economic term describing capital flowing out of (or leaving) a particular economy.

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