externality

English dictionary entry

Meanings

noun

The state of being external or externalized.
A thing that is external relative to something else.
An impact, positive or negative, on any party not involved in a given economic transaction or act.

/ɛkstəˈnælɪti/ LL-Q1860 (eng)-Vealhurl-externality.wav /ɛkstɚˈnælɪti/ /ekstəˈnælɪti/

externality externalities

From external + -ity. In the economic sense coined by British economist Alfred Marshall in 1890.

collateral damage

network externality nonexternality production externality

This entry uses open data from Wiktionary (CC BY-SA/GFDL). Word forms are used for search and are not indexed as separate pages.

Back to search All on E Russian dictionary Dahl dictionary