Desde Investopedia

TERM OF THE DAY

Frexit Frexit – short for "French exit" – is a French spinoff of the term Brexit, which emerged when the United Kingdom voted to leave the European Union in June of 2016. Other countries with fringe parties that have similarly acknowledged the possibility of leaving the EU include the Netherlands (Nexit), Italy (Italeave) and Austria (Auxit or Oexit). The specific terms of referendum differ depending on each country's interests.

Breaking it Down: While mainstream politics across the European Union tend to reject the notion of leaving the EU in order to stop internal... Read More