externality

(eks′tər nalə tē)

noun

  1. the quality or state of being external
  2. pl. externalities an external thing

See externality in American Heritage Dictionary 4

noun pl. ex·ter·nal·i·ties
  1. The condition or quality of being external or externalized.
  2. a. Something that is external.
    b. An incidental condition that may affect a course of action: “Our economic system treats environmental degradation as an externality—a cost that does not enter into the conventional arithmetic that determines how we use our resources” (Barry Commoner).

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