externality
🇺🇸
/ˌekstɜːrˈnæləti/
🇬🇧
/ˌekstɜːˈnæləti/
noun
R
An effect or result that is not included in the cost of a product or service.
The pollution caused by a factory is an example of a negative externality, as it affects the environment and people's health without being reflected in the price of the factory's products.
R
Something that exists outside of a person or thing.
The artist's externality to the natural world was evident in his work, as he seemed to be disconnected from the environment around him.
translation
An effect or result that is not included in the cost of a product or service.; Something that exists outside of a person or thing.
Word Forms
Plural
externalities