Externality

word

1. Noun

State of being external; exteriority

2. Noun

separation from the perceiving mind.

3. noun

An effect on other people that is not fully included in a market price.

A cost or benefit from an activity that affects people not directly involved in it.

4. Noun

the quality or state of being outside or directed toward or relating to the outside or exterior; "the outwardness of the world"
Vocabulary classified under Economics
More about this word
Synonyms and related words
Explore this word