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gresham

/'grɛʃəm/

Synonyms of gresham Antonyms of gresham Examples of gresham Usage of gresham Parts of gresham Definition that contains gresham Words sounding like gresham Explanation of gresham

noun
English financier (1519-1579)
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sir thomas gresham

Definition that contains gresham

gresham's law (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