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Externality - Dictionary Definition and Overview |
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Externality : (noun)
1: the quality or state of being outside or directed toward or
relating to the outside or exterior; "the outwardness of
the world" [syn: outwardness] [ant: inwardness]
Based on WordNet 2.0
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Externality : \Ex`ter*nal"i*ty\, n.
State of being external; exteriority; (Metaph.) separation
from the perceiving mind.
Pressure or resistance necessarily supposes externality
in the thing which presses or resists. --A. Smith.
Based on WordNet (r) 2.0 (August 2003)
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Example Usage of Externality |
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LDJEconomics: Based on the article: "It’s an Externality, stupid—so price it" Climate Change—Some Simple (and Quite Convenient) Truths « http://shar.es/aDnZg |
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andrewboho: "It’s an Externality, stupid — so price it. " http://bit.ly/85Pp1i |
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TRANCONA: A common example is of such an Externality is double marginalization. |
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