ADDITIONALITY

Etymology

Noun

additionality (plural additionalities)

The property of being additional.

(economics) Net positive difference that results from economic development intervention. The extent to which an activity (and associated outputs, outcomes and impacts) is larger in scale, at a higher quality, takes place quicker, takes place at a different location, or takes place at all as a result of intervention. Additionality measures the net result, taking account of deadweight, leakage, displacement, substitution and economic multipliers.

Source: Wiktionary



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Word of the Day

1 July 2024

DRIVE

(verb) cause someone or something to move by driving; “She drove me to school every day”; “We drove the car to the garage”


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