Grexit
Meaning
Greek exit
Example
"Did you see that a Grexit may be inevitable.
Yeah, I wonder how it will affect the euro."
Yeah, I wonder how it will affect the euro."
Grexit means greek exit
Related Slang
Usage
Last Updated: November 10, 2016
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.