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Externality vs Spillover - What's the difference?

externality | spillover |

As nouns the difference between externality and spillover

is that externality is (uncountable) the state of being external or externalized while spillover is that which overflows; the excess or side effect.

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

    spillover

    English

    Noun

    (en noun)
  • That which overflows; the excess or side effect.
    • The spillover from the dam due to the heavy rains will run down this channel and harmlessly dump into that river, we hope.
    The spillover from this war will be many little massacres of civilians by civilians.
  • The spread of infectious disease between different species of animal and particularly to humans.

    • See also

    * zoonosis

    Anagrams

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