gresham's law in English
noun
1
the tendency for money of lower intrinsic value to circulate more freely than money of higher intrinsic and equal nominal value (often expressed as “Bad money drives out good”).
There is a Gresham's law of culture as well as of money: the bad drives out the good, unless the good is defended.
Use "greshams law" in a sentence
Below are sample sentences containing the word "greshams law" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "greshams law", or refer to the context using the word "greshams law" in the English Dictionary.
1. In economics, Gresham's law is a monetary principle stating that "bad money drives out good".
2. If this is not done, Gresham's law may well prevail: bad graphs will drive out the good.