Associations to the word «Externality»

Wiktionary

EXTERNALITY, noun. (uncountable) The state of being external or externalized.
EXTERNALITY, noun. (countable) A thing that is external relative to something else.
EXTERNALITY, noun. (economics) (countable) An impact, positive or negative, on any party not involved in a given economic transaction or act.

Dictionary definition

EXTERNALITY, noun. The quality or state of being outside or directed toward or relating to the outside or exterior; "the outwardness of the world".

Wise words

Always aim at complete harmony of thought and word and deed. Always aim at purifying your thoughts and everything will be well.
Mohandas Gandhi