\grɛgzɪt, grɛksɪt\
A portmanteau of "Greek/Greece" and "exit," the term "Grexit," popularized in May/June of 2015, has been applied to the possible exit of Greece from the European-currency zone, popularly known as the "eurozone" (also "Eurozone," "Euro zone," and "euro zone") because of its heavy debt to EU creditors like Germany.
A portmanteau of "Greek/Greece" and "exit," the term "Grexit," popularized in May/June of 2015, has been applied to the possible exit of Greece from the European-currency zone, popularly known as the "eurozone" (also "Eurozone," "Euro zone," and "euro zone") because of its heavy debt to EU creditors like Germany.
Greece's recent "no" vote, which means it's rejecting the EU's plan to pull Greece out of debt, might be a victory for Greek sovereignty and democracy, but it's probably going to lead to a Grexit from the eurozone.
by bighominid July 8, 2015
A word used to describe the possibility of a Greek exit from the Eurozone and possibly the European Union of Failures
by Ryan is a fish. July 8, 2015
European term for constipation. You know it's eventually gonna come out, but it's a bit painful and messy before it does.
by Costas Notafuckingcluestos June 27, 2012
by h835593 November 18, 2011