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Definitions

externality

[ek-ster-nal-i-tee] / ˌɛk stərˈnæl ɪ ti /


Example Sentences

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But those events tend to be intrinsic to business rather than externalities such as White House maneuvers or geopolitics.

From Los Angeles Times

The externalities that never made it into the press releases.

From Salon

“Not pricing in that ‘negative externality’ — as economists put it — has been the greatest market failure of all time.”

From Salon

"In economics, we call that externality," she said.

From Science Daily

In traditional economics-speak, hidden costs are known as externalities – spillover effects from production that are caused by one party but paid for by another.

From Salon