externality

noun

ex·​ter·​nal·​i·​ty ˌek-ˌstər-ˈna-lə-tē How to pronounce externality (audio)
plural externalities
1
: the quality or state of being external or externalized
2
: something that is external
3
: a secondary or unintended consequence
pollution and other externalities of manufacturing

Examples of externality in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Borrowing Crypto Tax Policy from Abroad Some states have already begun taking steps to grapple with the growing issue of cryptocurrency mining externalities. Andrew Leahey, Forbes, 26 Nov. 2024 The mobility of capital insured an inexorable race to the bottom for labor and the environment; vulnerable nations have been left to absorb the costly externalities. Gideon Lewis-Kraus, The New Yorker, 21 Oct. 2024 Some externalities can be addressed by the company itself. Robert G. Eccles, Forbes, 10 Oct. 2024 Without the right tools and frameworks, family offices may fail to optimise positive outcomes or avoid negative externalities—whether environmental, social, or governance-related. Francois Botha, Forbes, 29 Sep. 2024 See all Example Sentences for externality 

Word History

First Known Use

1673, in the meaning defined at sense 1

Time Traveler
The first known use of externality was in 1673

Dictionary Entries Near externality

Cite this Entry

“Externality.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/externality. Accessed 9 Dec. 2024.

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