externality
Academic Word List, sublist 5.
About 0.63 uses per million words.
Meaning
- noun The state of being external or externalized.
- noun A thing that is external relative to something else.
- noun An impact, positive or negative, on any party not involved in a given economic transaction or act.
Waste is a negative externality arising from consumption.
Similar words
outwardness external generating externalness externity outsideness extraneity outsiderness extrinsicness exogeneity
Often followed by
of is and in to that problem problems effects
Word family
external externalisation externalise externalised externalises externalising externalities externalization externalize externalized
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