A recently-coined term created by Citigroup's Ebrahim Rahbari and first published in an informational paper authored by him and Citi Chief Economist Willem Buiter: "The new term of Grexit combines "Greek" or "Greece" with the word "exit" and refers to the possibility of Greece leaving the Eurozone."

DeTraci Regula wrote about the origin of Grexit in the About.com site: "And it certainly has Greek roots beyond the obvious 'Gr' - the word 'exit' itself comes from the Greek exodos, meaning 'going out'."

Sorry, DeTraci, but the word "exit" does not come from "exodos". Its etymological source is from Latin, exit, "he or she goes out"; from exire, "to go out"; from ex-, "out" + ire, "to go". It also comes from Latin exitus, "a leaving, a going out"; a noun of action from exire, "to go, to leave".

Maybe the new coinage should have been Grexodos so it could have maintained its full Greek etymological connections.