externality

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ex·ter·nal·i·ty

 (ĕk′stər-năl′ĭ-tē)
n. pl. ex·ter·nal·i·ties
1.
a. The condition or quality of being external or externalized.
b. Something that is external.
2. A cost or benefit that affects people other than those involved in the economic activity that produced it and that is not reflected in prices: pollution and other negative externalities.

externality

(ˌɛkstɜːˈnælɪtɪ)
n, pl -ties
1. the state or condition of being external
2. something external
3. (Philosophy) philosophy the quality of existing independently of a perceiving mind
4. (Economics) an economic effect that results from an economic choice but is not reflected in market prices

ex•ter•nal•i•ty

(ˌɛk stərˈnæl ɪ ti)

n., pl. -ties.
1. the state or quality of being external or externalized.
2. something external.
4. an often unforeseen external effect accompanying a process.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.externality - the quality or state of being outside or directed toward or relating to the outside or exterior; "the outwardness of the world"
worldliness - concern with worldly affairs to the neglect of spiritual needs; "he disliked the worldliness of many bishops around him"
spatial relation, position - the spatial property of a place where or way in which something is situated; "the position of the hands on the clock"; "he specified the spatial relations of every piece of furniture on the stage"
References in periodicals archive ?
But its benefits will not be fully realized unless governments take steps to empower the forces of change, ensure that the massive positive externalities are internalized and minimize the negative impacts.
But its benefits will not be fully realised unless governments take steps to empower the forces of change, ensure that the massive positive externalities are internalised, and minimise the negative impacts.
Objective: The Big data roadmap and cross-disciplinarY community for addressing socieTal Externalities (BYTE) projectwill assist European science and industry in capturing the positive externalities and diminishing the negativeexternalities associated with big data in order to gain a greater share of the big data market by 2020.
These recommendations included breathing new life into past funding, leveraging adjacent opportunities and creating positive externalities.
Other positive externalities, according to Moody's, include the resumption of Cyprus' bailout adjustment programme review, which -- along with the disbursement of the next loan tranches -- had been frozen by the Troika of international creditors (European Union, European Central Bank, and International Monetary Fund) when the Cypriot legislative suspended implementation of the new foreclosure rules.
In addition to dopamine, other neurochemicals such as oxytocin and cortisol provide important biological markers that can inform policymaking, and serve as physical links between structural dimensions of the deduction and related positive externalities.
In each set, the negative externalities are the inverse--the mirror image--of the positive externalities.
The overall scientific objective of the Blue Nile research project is to quantify the positive and negative environmental as well as socio-economic impacts of improved land management practices, assess to what extent positive externalities between up-and downstream areas exist and whether these can increase the willingness to invest in sustainable practices and catchment-wide solidarities, and thus form the basis for sustainable integrated river basin management.
ACI says at the meeting there was strong consensus from all airports, local and regional authorities and MEPs: "on the absolute need for the proposed guidelines to be amended to better reflect and support airports' positive externalities and in particular their contribution to the economy and jobs.
Depending on their capacity to adapt, during the expansion or boom of the global economy, developing countries such as Turkey try to assimilate and internalize positive externalities of this environment in order to attain a sustainable development path by mobilizing domestic resources such as human capital, savings, organizational capability and so forth.
But realising these positive externalities does require that AFSs are actually used.

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