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Grexit

Meaning Greek exit
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Definition

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."
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Updated November 10, 2016

Grexit definition

This page explains what the slang term "Grexit" means. The definition, example, and related terms listed above have been written and compiled by the Slangit team.

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