n. (Economics) principle stating that bad money drives good money out of circulation because a currency of lower inherent value will be used money one of higher inherent value will be stockpiled (named after Thomas Gresham)
GRESHAM'S LAW
Meaning of GRESHAM'S LAW in English
Explanatory English dictionary bed edition. Толковый словарь английского языка Редакция bed. 2012