also: あくか
noun
bad money; debased coinage
Refers to currency of low intrinsic value, often contrasted with 良貨 (good money). Most commonly encountered in the economic principle 悪貨は良貨を駆逐する (bad money drives out good).
悪貨は良貨を駆逐するという言葉は、グレシャムの法則として知られている。
The saying 'bad money drives out good' is known as Gresham's law.
良貨 means 'good money' or 'sound currency', the opposite of 悪貨. The two are often contrasted in economic contexts.
Compound of 悪 (bad) and 貨 (currency, money). The term is a direct translation of the English 'bad money' and is used primarily in economic contexts.