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

The most important things are the hardest things to say. They are the things you get ashamed of because words diminish your feelings - words shrink things that seem timeless when they are in your head to no more than living size when they are brought out.
Stephen King