externality
noun
Simple meaning
An impact, positive or negative, on any party not involved in a given economic transaction or act.
Pronunciation
Say it like this:
ihksturnuhluhteeSay the bold part a little louder.
IPA pronunciation (US)
ɪksˈtɝnələti
This word is pronounced essentially the same in American and British English, so one transcription covers both.
IPA (International Phonetic Alphabet) is a standard way of writing speech sounds.
Definition
Everyday modern meanings first, grouped by part of speech.
noun
countable
A thing that is external relative to something else.
economicscountable
An impact, positive or negative, on any party not involved in a given economic transaction or act.
uncountable
The state of being external or externalized.
The quality or state of being outside or directed toward or relating to the outside or exterior
Word at a Glance
- Difficulty
- C2 · Proficient (estimated)
- Frequency
- Rare
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Dictionary data from Wiktionary via the Free Dictionary API. Simple meanings, combinations and word intelligence are built from verified reference data, no AI is used to load this page.