Enter a word or phrase in any language 👆
Language:
Translation and analysis of words by ChatGPT artificial intelligence
On this page you can get a detailed analysis of a word or phrase, produced by the best artificial intelligence technology to date:
- how the word is used
- frequency of use
- it is used more often in oral or written speech
- word translation options
- usage examples (several phrases with translation)
- etymology
What (who) is Gresham's - definition
Gresham's law
![A stack of twenty [[Walking Liberty half dollar]]s (left), which contain 90% silver. In an example of Gresham's law, these coins were quickly hoarded by the public after the [[Coinage Act of 1965]] debased half dollars to contain only 40% silver, and then were debased entirely in 1971 to base [[cupronickel]] (right).](https://commons.wikimedia.org/wiki/Special:FilePath/Two stacks of half dollars, one silver, one clad - effects of the Coinage Act 1965.jpg?width=200 "A stack of twenty [[Walking Liberty half dollar]]s (left), which contain 90% silver. In an example of Gresham's law, these coins were quickly hoarded by the public after the [[Coinage Act of 1965]] debased half dollars to contain only 40% silver, and then were debased entirely in 1971 to base [[cupronickel]] (right).")
MONETARY PRINCIPLE ON CIRCULATING CURRENCY; "BAD MONEY DRIVES OUT GOOD"
Greshams law; Bad money drives out good; GreshamÕs Law; Bad money drives good money out of circulation; Bad money; Gresham law; Gresham’s Law; Bad money drives out the good; Copernicus' Law; Gresham's Law; GreshamOs Law; Gresham's law of economics; Gresham’s law; Bad money drives out good money; Good money; Greshams Law; Gresham's dynamics; Copernicus Law; Thiers' law; Gresham s Law; Thier's law; Copernicus' law; Gresham–Copernicus law; Gresham-Copernicus law
In economics, Gresham's law is a monetary principle stating that "bad money drives out good". For example, if there are two forms of commodity money in circulation, which are accepted by law as having similar face value, the more valuable commodity will gradually disappear from circulation.
Gresham's law
MONETARY PRINCIPLE ON CIRCULATING CURRENCY; "BAD MONEY DRIVES OUT GOOD"
Greshams law; Bad money drives out good; GreshamÕs Law; Bad money drives good money out of circulation; Bad money; Gresham law; Gresham’s Law; Bad money drives out the good; Copernicus' Law; Gresham's Law; GreshamOs Law; Gresham's law of economics; Gresham’s law; Bad money drives out good money; Good money; Greshams Law; Gresham's dynamics; Copernicus Law; Thiers' law; Gresham s Law; Thier's law; Copernicus' law; Gresham–Copernicus law; Gresham-Copernicus law
¦ noun Economics 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').
Origin
from the name of the 16th-cent. English financier Sir Thomas Gresham.
List of masters of Gresham's School
![Sir John Gresham]]'s [[manor house]] at Holt, sketched in 1838](https://commons.wikimedia.org/wiki/Special:FilePath/Gresham's School, 1838.jpg?width=200 "Sir John Gresham]]'s [[manor house]] at Holt, sketched in 1838")
WIKIMEDIA LIST ARTICLE
Masters of Gresham's School; List of Masters of Gresham's School
This is a list of the Masters (later Headmasters) and Ushers (later Second Masters) of Gresham's School, Holt.
