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It means sex, used often on radio stations so they don't get fined by the FCC. Other coralarry terms are grenis and grorgasm.
It's crazy how our privates get us in trouble and we all obsess about grex. It's just a grenis and a virginia.
grex by Leif June 10, 2006
Related Words
\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.
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.
Grexit by bighominid July 24, 2015
A word used to describe the possibility of a Greek exit from the Eurozone and possibly the European Union of Failures
Is the grexit going to happen?
Grexit by Ryan is a fish. July 23, 2015
A group text. Often you don't know that the text you received went out to a group of people and you respond without knowing that a lot of people will receive it.
I got a text from someone yesterday and I responded that I thought another guy was being an ass. I didn't know it was a Grext and it turns out that guy was on it. Looks like I'm the ass now.
Grext by CooCoo 4 Coco Puffs February 4, 2013

grexcellent 

A combination of the words great and excellent. Usually said in a sarcastic tone. It can be muttered, hummed and sighed, all at once possibly.
Guy 1# a huge mutant ant has just done a crap on your car
Guy 2# oh grexcellent!

grexican 

-Damn, your a grexican?
-yup...
-thats just crazy
-i know
grexican by Demetri from LA September 22, 2006