Link Centre Dictionary

externality

ex·ter·na·lity

UK/ɛkstəˈnælɪti/ US/ɛkstɚˈnælɪti/ uncommon

noun

1.

the quality or state of being outside or directed toward or relating to the outside or exterior

  • “the outwardness of the world”
Synonyms
Antonyms

Origin

From external + -ity. In the economic sense coined by British economist Alfred Marshall in 1890.

Phrases

  • collateral damage
  • network externality
  • production externality

Related words

Broader terms

WordNet 2.1 (Princeton University). Wiktionary (CC BY-SA). CMU Pronouncing Dictionary. WordNet 2.1 Copyright Princeton University. All rights reserved. Wiktionary content is available under the Creative Commons Attribution-ShareAlike Licence.