Explanation

• Brexit is the name given to the United Kingdom’s departure from the European Union (EU). 
• It is a combination of ‘Britain’ and ‘exit’.​
• 51.89% of voters voted to leave the EU in a referendum held by the United Kingdom on its membership of the EU in June 2016.
  • The UK left the EU on 31 January 2020.
  • Up to and including 31 December 2020 a transition period was in place.

Additional Information

• The European Union is a political and economic union of 27 member states that are located primarily in Europe.