• an externality is a cost or benefit resulting from an economic [transaction] that is [borne] or received by parties not directly involved in the transaction. Externalities can be either positive, when an [external] benefit is generated, or negative, when an external cost is imposed upon others


    Externality meaning & definition 1 of Externality.


  • A consequence of an industrial or commercial activity which affects other parties without this being reflected in market prices, such as the pollination of surrounding crops by bees kept for honey.

    Externality meaning & definition 2 of Externality.


  • damage caused by a companys activities for which it does not pay, or something positive created by it for which it does not receive payment:

    Externality meaning & definition 3 of Externality.


  • A side effect or consequence of an industrial or commercial activity that affects other parties without this being reflected in the cost of the goods or services involved, such as the pollination of surrounding crops by bees kept for honey.

    Externality meaning & definition 4 of Externality.

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