Externality Definition

ĕkstər-nălĭ-tē
externalities
noun
externalities
The quality or state of being external.
Webster's New World
An external thing.
Webster's New World
A cost to society, as of pollution or diminished public health, that is not accounted for in the price of a product sold to the public.
Webster's New World
Synonyms:
Antonyms:

Other Word Forms of Externality

Noun

Singular:
externality
Plural:
externalities

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externality