Ukrainian Meaning of gresham's law

Закон Грешема

Other Ukrainian words related to Закон Грешема

No Synonyms and anytonyms found

Definitions and Meaning of gresham's law in English

Wordnet

gresham's law (n)

(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

FAQs About the word gresham's law

Закон Грешема

(economics) the principle that when two kinds of money having the same denominational value are in circulation the intrinsically more valuable money will be hoa

No synonyms found.

No antonyms found.

gresham => Грешем, gres-gris => грі-грі, gres => Плитка, grenoble => Гренобль, grene => гній,