Topic:economic scienceeconomicspolitical economy
Hypernyms:principle rule
Inherited Hypernyms:gresham's lawprinciplelawconceptideacontentcognitionpsychological featureabstractionentity
| 单词 | gresham's law |
| 释义 | Gresham'S Law nnoun.cognition(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 Topic:economic scienceeconomicspolitical economy Hypernyms:principle rule Inherited Hypernyms:gresham's lawprinciplelawconceptideacontentcognitionpsychological featureabstractionentity |
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