Walras' law Syllabification: (Wal·ras' law)Pronunciation: /ˈvalrəs/ EconomicsDefinition of Walras' law a law stating that the total value of goods and money supplied equals that of goods and money demanded. Derivatives Walrasian adjective Origin: 1940s: named after M. E. Léon Walras (1834–1910), French economistWalras' law in other Oxford dictionaries Definition of Walras' law in the British & World English dictionary
