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-Pope Boniface VIII's Unam Sanctam
Net Capital Outflow
The difference between a nation's savings and its domestic investments, representing international transfers of capital.
U.S. Assets
Assets located within the United States that may include real estate, stocks, bonds, and other financial instruments owned by individuals, companies, or the government.
Capital Goods
Long-term assets used in the production of other goods and services, such as machinery, buildings, and equipment, essential for creating consumer goods.
Net Capital Outflow
The net flow of funds invested overseas by a country over a certain period, calculated as the difference between the capital leaving the country and capital entering it.