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principle vs Gresham's Law

Gresham's Law vs principle

principle and Gresham's Law both are nouns.

Word NounAdjectiveVerbAdverb
principle Yes No No No
Gresham's Law Yes No No No
As nouns, Gresham's Law is a hyponym of principle; that is, Gresham's Law is a word with a more specific, narrower meaning than principle:
  • principle: a rule or law concerning a natural phenomenon or the function of a complex system
  • Gresham's Law: (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
principle (noun) Gresham's Law (noun)
a basic truth or law or assumption (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
a rule or standard especially of good behavior
(law) an explanation of the fundamental reasons (especially an explanation of the working of some device in terms of laws of nature)
a basic generalization that is accepted as true and that can be used as a basis for reasoning or conduct
a rule or law concerning a natural phenomenon or the function of a complex system
rule of personal conduct
Difference between principle and Gresham's Law

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