请输入您要查询的英文单词:

 

单词 Gresham's law
释义

Gresham's law

noun

Gresh·​am's law ˈgre-shəmz- How to pronounce Gresham's law (audio)
: an observation in economics: when two coins are equal in debt-paying value but unequal in intrinsic value, the one having the lesser intrinsic value tends to remain in circulation and the other to be hoarded or exported as bullion
broadly : any process by which inferior products or practices drive out superior ones

Word History

Etymology

Sir Thomas Gresham

First Known Use

1858, in the meaning defined above

随便看

 

英语词典包含469781条英英释义在线翻译词条,基本涵盖了全部常用单词的英英翻译及用法,是英语学习的有利工具。

 

Copyright © 2004-2022 Newdu.com All Rights Reserved
更新时间:2025/2/3 16:36:34