liè​bì​qū​zhú​liáng​bì

Gresham's Law

  • created sense approved 劣币驱逐良币/劣幣驅逐良幣 · liè​bì​qū​zhú​liáng​bì · Gresham's Law — "Initial import from upstream dictionary"

    劣币驱逐良币 / 劣幣驅逐良幣

    liè​bì​qū​zhú​liáng​bì

    Gresham's Law

    economic principle that if two kinds of money with the same nominal value but different intrinsic value are in circulation, the inferior currency will displace the superior currency

    劣币 (literal) → 劣币/劣幣 · liè​bì · bad money 驱逐 (literal) → 驱逐/驅逐 · qū​zhú · to expel 良 (literal) → 良 · liáng · good 币 (literal) → 币/幣 · bì · currency

    Changed: simplified, traditional, gloss, definition, pinyin, variant pinyin, variants, separable parts, decomposition

    created sense

  • created sense approved 劣币驱逐良币/劣幣驅逐良幣 · liè​bì​qū​zhú​liáng​bì · bad money drives out good — "Initial import from upstream dictionary"

    劣币驱逐良币 / 劣幣驅逐良幣

    liè​bì​qū​zhú​liáng​bì

    bad money drives out good

    used figuratively to describe a situation where inferior people or things displace superior ones within a group or system

    劣币 (literal) → 劣币/劣幣 · liè​bì · bad money 驱逐 (literal) → 驱逐/驅逐 · qū​zhú · to expel 良 (literal) → 良 · liáng · good 币 (literal) → 币/幣 · bì · currency

    Changed: simplified, traditional, gloss, definition, pinyin, variant pinyin, variants, separable parts, decomposition

    created sense