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What does Brixit mean?

Looking for the meaning or definition of the word Brixit? Here's what it means.

Proper noun
  1. Alternative form of Brexit.
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Examples
Whilst 3 million jobs may or may not depend on our trade with the EU, relatively few would be lost through a Brixit.
Yet the chances of Britain leaving the EU in the next few years are higher than they have ever been. A Brixit looms for several reasons.
Brixit fears have been heightened by a summit on the European Union budget, which started today in Brussels.

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