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Departugal

Categories: Econ, International

Yeah, yeah, we've all heard of Brexit (the U.K.'s plan to leave the European Union). Now meet Departugal—which means exactly what you think it means. It's the idea of Portugal bailing from the EU. The Left Bloc, the Green, and the Communist parties are in favor; the Socialists still say não.

Similar slightly amusing terms are Frexit, Oustria and the hilarious Czech-out.

Find other enlightening terms in Shmoop Finance Genius Bar(f)