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BNC: 18021 COCA: 18904
externality
noun
  1. From our crowdsourced Open Dictionary
    1
    a consequences of other people's activity

    There is positive externality to society when you avoid using such a high polluting car.

    Submitted by Ko from India on 29/09/2017
     
  2. From our crowdsourced Open Dictionary
    2
    economics a side effect or consequence of an industrial or commercial activity that affects other parties without this being reflected in the cost of the goods or services involved, such as the pollination of surrounding crops by bees kept for honey

    The first is to address negative externalities that aren't reflected in market prices.

    Submitted by toto from Egypt on 17/02/2018
     
BNC: 18021 COCA: 18904
BNC: 18021 COCA: 18904

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