![](/template/termwiki/images/likesmall.jpg)
Home > Terms > Armenian (HY) > Գրեշամի օրենք
Գրեշամի օրենք
Bad money drives out good. One of the oldest laws in economics, named after Sir Thomas Gresham, an adviser to Queen Elizabeth I of England. He observed that when a currency has been debased and a new one is introduced to replace it, the new one will be hoarded and effectively taken out of circulation, while the old one will continue to be used for transactions, to be got rid of as fast as possible.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Economy
- Category: Economics
- Company: The Economist
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Industry/Domain: Network hardware Category:
համակարգիչների ցանց
համակարգչային սարքավորումների փոխկապակցված համակարգ,որը տալիս է տեղեկության համօգտագործման հնարավորություն:
Contributor
Featured blossaries
marija.horvat
0
Terms
21
Blossaries
2
Followers
"Belupo" pharmaceutical company
Category: Health 1
23 Terms
![](/template/termwiki/images/likesmall.jpg)
karel24
0
Terms
23
Blossaries
1
Followers
Top electric guitar brands
Category: Engineering 2
4 Terms
![](/template/termwiki/images/likesmall.jpg)
![](https://accounts.termwiki.com/thumb1.php?f=59b51417-1411630544.jpg&width=304&height=180)
Browers Terms By Category
- Natural gas(4949)
- Coal(2541)
- Petrol(2335)
- Energy efficiency(1411)
- Nuclear energy(565)
- Energy trade(526)
Energy(14403) Terms
- Radiology equipment(1356)
- OBGYN equipment(397)
- Cardiac supplies(297)
- Clinical trials(199)
- Ultrasonic & optical equipment(61)
- Physical therapy equipment(42)
Medical devices(2427) Terms
- Cardboard boxes(1)
- Wrapping paper(1)
Paper packaging(2) Terms
- Alcohol & Hydroxybenzene & Ether(29)
- Pigments(13)
- Organic acids(4)
- Intermediates(1)
Organic chemicals(47) Terms
- Bridge(5007)
- Plumbing(1082)
- Carpentry(559)
- Architecture(556)
- Flooring(503)
- Home remodeling(421)