Resource: wordnet/30/noun/Gresham%27s_Law_1_09_00

This Lexvo.org page describes the entity referred to by the URI http://lexvo.org/id/wordnet/30/noun/Gresham%27s_Law_1_09_00. A machine-readable RDF version of this description is provided here.

rdfs:comment(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 ('en' language string)
rdfs:labelGresham's Law ('en' language string)
lvont:broaderlexvo:wordnet/30/noun/principle_1_09_04
lvont:labellexvo:term/eng/Gresham's%20Law
lvont:nearlySameAshttp://purl.org/vocabularies/princeton/wn30/synset-Gresham's_Law-noun-1
skos:noteThis resource corresponds to the meaning of the gloss text. It shares its meaning with that of the synonym set rather than denoting the WordNet synset. ('en' language string)

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