释义 |
gresh·am's law \ˈgreshəmz-\ noun Usage: usually capitalized G Etymology: after Sir Thomas Gresham died 1579 English financier : 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 |