From The Collaborative International Dictionary of English v.0.48 :
Romaic \Ro*ma"ic\, a. [NGr. ????: cf. F. roma["i]que. See
Roman.]
Of or relating to modern Greece, and especially to its
language. -- n. The modern Greek language, now usually called
by the Greeks Hellenic or Neo-Hellenic.
[1913 Webster]
Note: The Greeks at the time of the capture of Constantinople
were proud of being "Romai^oi, or Romans . . . Hence
the term Romaic was the name given to the popular
language. . . . The Greek language is now spoken of as
the Hellenic language. --Encyc. Brit.
[1913 Webster]
From WordNet (r) 3.0 (2006) :
romaic
adj 1: relating to modern Greece or its inhabitants or its
language
n 1: the modern Greek vernacular [syn: Romaic, Demotic]