Grexit

American

[greg-zit, grek-sit] / ˈgrɛg zɪt, ˈgrɛk sɪt /

noun

the possible withdrawal of Greece from the eurozone and a return to the drachma as its national currency.

Grexit British

/ ˈgrɛɡzɪt /

noun

the potential withdrawal of Greece from the group of countries using the common European currency

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of Grexit

2012; from Gr(eece) ( def. ) or Gr(eek) ( def. ) + exit ¹ ( def. )

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

If there is no swift resolution, bond yields will rise and talk of Grexit will resurface.

From The Guardian • Feb. 5, 2017

Mr Wilding took his inspiration from Grexit, the term used for Greece's possible exit from the eurozone.

From BBC • Dec. 24, 2016

The Germans are more dependent now on Greece to act as Europe's gatekeeper than they were during last year's crisis over a possible "Grexit" from the euro zone.

From Reuters • Apr. 10, 2016

Grexit, a term for referring to the possible exit of Greece from the European Union, points to how global our economy is becoming.

From Time • Aug. 26, 2015

Schäuble had by then spoken publicly about a Grexit.

From The New Yorker • Aug. 3, 2015

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023