What is 'Brexit'?

Brexit refers to Britain's leaving the European Union, which is slated to happen at the end of March 2019. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Term of the Day | INVESTOPEDIA Brexit Brexit is an abbreviation for "British exit," referring to the UK's decision in a June 23, 2016 referendum to leave the European Union (EU). The vote's result defied expectations and roiled global markets, causing the British pound to fall to its lowest level against the dollar in 30 years. Prime Minister David Cameron, who called the referendum and campaigned for Britain to remain in the EU, resigned the following month. Home Secretary Theresa May replaced him as leader of the Conservative party and as Prime Minister. Following a snap election on June 8, 2017, she remains Prime Minister. The Conservatives have lost their outright majority in Parliament...Read More » Related to "Brexit" Britain's May Faces Defeat in Parliament Over Brexit Plan Prime Minister Theresa May faced the prospect of defeat in a historic vote on her Brexit deal in parliament on Tuesday. Read More » Brexit: Winners and Losers As post-Brexit discussions between the U.K. and Europe heat up, we analyze the ongoing winners and losers from these negotiations. Read More » What is the European Union - EU? The European Union is a group of countries that acts as one economic unit in the world economy with one official currency, the euro. Read More » Related Definitions Article 50 Article 50 is the clause of the European Union treaty that outlines how to leave the EU. Read More » Breentry Breentry (aka Breversal or Bremain) refers to the campaign to convince U.K. lawmakers to reverse the process of separating from the European Union. Read More » Brexodus Brexodus refers to a potential spillover effect of Brexit whereby there is an exodus of people and businesses from the United Kingdom. Read More » Irexit Irexit refers to Ireland's potential exit from the EU. Read More » CONNECT WITH INVESTOPEDIA Email sent to: mondemand.forex@blogger.com If you wish to unsubscribe, please click here, or manage subscriptions 114 West 41st St, floor 8 New York NY 10036 © 2019, Investopedia, LLC, All Rights Reserved | Privacy Policy