gresham's law
NOUN
13 LETTERS · 2 SYLLABLES · STARTS WITH G
gresham's law is a valid 13-letter word worth 20 points in Scrabble and 22 points in Words with Friends.
SCRABBLE
WORDS WITH FRIENDS
G2R1E1S1H4A1M3'0S1L1A1W4
2 + 1 + 1 + 1 + 4 + 1 + 3 + 0 + 1 + 0 + 1 + 1 + 4 =20 PTS
DOUBLE WORD → 40TRIPLE WORD → 60
MEANING
What does gresham's law mean?
NOUN · 1 SENSE
1
(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.
BROADER