What does Brexit mean?

UK’s departure from the European Union

Brexit is a slang term that stands for Britain’s decision to leave the European Union. It’s a mix of the words “British” and “exit.” This term was inspired by ‘Grexit’, a term coined by economists Willem H. Buiter and Ebrahim Rahbari in 2012.

This decision to leave the EU led to a split among the voters in Britain. Some supported the notion of Brexit, arguing that it would boost British sovereignty, global influence, and tighten control over immigration. On the other hand, those opposing Brexit felt that being part of the EU, a larger collective of like-minded nations, would offer more security and global influence.

On June 24, 2016, the debate came to a head with a public vote, or referendum. The results revealed a slight majority in favor of Brexit, with 51.9% (17,410,742 votes) choosing to leave the EU, compared to 48.1% (16,141,241 votes) who wished to stay.

Example for using ‘Brexit’ in a conversation

Hey, did you hear about Brexit?

Yeah, it’s the British exit from the European Union, right? πŸ‡¬πŸ‡§

Exactly! It’s a pretty big deal. 🌍

I know, it’s been all over the news. Do you think it’s a good idea? πŸ€”