Grexit

What does grexit mean?

Greek exit

Grexit is a political term that means Greek exit. It is a global financial term that refers to Greece's exiting of the eurozone monetary union.

The term combines "Greek" and "exit" and was first introduced in February of 2012 by Willem H. Buiter and Ebrahim Rahbari. The move arose as a way to deal with the country's unmanageable public debt.

Example

"Did you see that a Grexit may be inevitable.
Yeah, I wonder how it will affect the euro."
Grexit Image

Grexit means greek exit

Related Slang

BrexitBritish exit from the European Union
EUREuro
NYSENew York Stock Exchange
Big BoardNew York Stock Exchange
USDUnited States dollars
yrpEurope

Usage

✓ Financial Terms

Last Updated: November 10, 2016

Grexit definition

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