transcription, транскрипция: [ ˈgre-shəmz- ]
noun
Etymology: Sir Thomas Gresham
Date: 1858
: an observation in economics: when two coins are equal in debt-paying value but unequal in intrinsic value, the one having the lesser intrinsic value tends to remain in circulation and the other to be hoarded or exported as bullion ; broadly : any process by which inferior products or practices drive out superior ones