Synonyms of Gresham's Law in English :
Antonyms of Gresham's Law in English
Thesaurus of Gresham's Law in English
Gresham's Law
see definition of gresham's lawDomain Categories of gresham's law
1. (noun) (economics) the principle that when two kinds of money having the same denominational value are in circulation the intrinsically more valuable money will be hoarded and the money of lower intrinsic value will circulate more freely until the intrinsically more valuable money is driven out of circulation; bad money drives out good; credited to Sir Thomas Gresham
Hypernyms of gresham's law
1. (noun) (economics) the principle that when two kinds of money having the same denominational value are in circulation the intrinsically more valuable money will be hoarded and the money of lower intrinsic value will circulate more freely until the intrinsically more valuable money is driven out of circulation; bad money drives out good; credited to Sir Thomas Gresham