grexit
/ˈɡɹɛɡ.zɪt/
Word Rarity
Very rare
Frequency: Zipf frequency 1.60 in modern English
14
Scrabble Score
6
Letters
2
Syllables
6
Unique Chars
Meaning
name
The potential withdrawal of Greece from the Eurozone.
Example Sentences
- "We raise our estimate of the likelihood of Greek EA exit (‘Grexit’) to 50% over the next 18 months, from 25-30% previously. This is mostly because we consider the willingness of EA creditors to continue providing further support to Greece despite Greek non-compliance with programme conditionality to have fallen substantially."
- "Citigroup economists Willem Buiter and Ebrahim Rabhari revised their predictions of a Greek exit from the eurozone—or "Grexit"—in the next 18 months up to 50 percent from 25-30 percent in November."
- "The bankers, however, were alarmingly precise: amid all the speculation about Grexit, they told me, banks are increasingly reordering their European exposure along national lines, in terms of asset-liability matching (ALM), just in case the region splits apart."
- "Throughout 2012, economists speculated on the likelihood of the Grexit by 2013."
- "Around the middle of 2012, speculation was rife about the likelihood of the so-called Grexit."
- "Grexit, in short, would have left the way open to German monetary independence."