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Brexit

[breg-zit, brek-sit]
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noun
  1. the probable withdrawal of the United Kingdom from membership in the European Union.
  2. the nonbinding national referendum in 2016 that resulted in a vote for the United Kingdom to leave the European Union.

Origin of Brexit

2012; (originally also spelled Brixit, referencing Britain's possible withdrawal); Br(itain) or Br(itish) + exit1; probably patterned on Grexit, which dates from earlier that year
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018