externality

Noun

Meaning

State of being external; exteriority

separation from the perceiving mind.

Source: Webster's dictionary

Synonyms

outwardness peel area level side surface outside top face appearance external skin exterior facade objectivity
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Antonyms

center foundation effect meaning base basis
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Hypernyms

position spatial relation

Hyponyms

worldliness

Examples

the outwardness of the world Source: Internet

Externality An externality exists when a person makes a choice that affects other people in a way that is not accounted for in the market price. Source: Internet

An externality can be positive or negative, but is usually associated with negative externalities in environmental economics. Source: Internet

A common example of such an externality is double marginalization. Source: Internet

An externality is an effect of some activity on an entity (such as a person) that is not party to a market transaction related to that activity. Source: Internet

Because the unpleasantness of the work is not internalised, being born by the slave rather than the owner, it is a negative externality and leads to over-use of slaves in these situations. Source: Internet

Close letter words and terms

externalist externalistic externalistically externalizable externalization externalize