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Brexit (and its early variant, Brixit), is a portmanteau of Britain and exit. It was derived by analogy from Grexit, referring to a hypothetical withdrawal of Greece from the eurozone (and possibly also the EU).
Investing 6/30/2016 @ 12:35PM 4,492 views. 3 Reasons Why Brexit Impacts US Banks. As Britons contemplate their separation from the EU by invoking article 50 of the Lisbon Treaty, one of the reasons why doubts are now creeping in is that the decision to abandon the 28-bloc Union has a major impact on several key sectors.