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Externality - What does it mean?

externality | |

externality

English

(wikipedia externality)

Noun

  • (uncountable) The state of being external or externalized.
  • * '>citation
  • (countable) A thing that is external relative to something else.
  • (economics, countable) An impact, positive or negative, on any party not involved in a given economic transaction or act.
  • *

    • Derived terms

    * network externality * nonexternality

    Not English

    has no English definition. It may be misspelled.