EXTERNALITY

outwardness, externality

(noun) the quality or state of being outside or directed toward or relating to the outside or exterior; “the outwardness of the world”

Source: WordNet® 3.1

Etymology

Noun

externality (countable and uncountable, plural externalities)

(uncountable) The state of being external or externalized.

(countable) A thing that is external relative to something else.

(economics, countable) An impact, positive or negative, on any party not involved in a given economic transaction or act.

Source: Wiktionary

Ex`ter*nal"i*ty, n.

Definition: State of being external; exteriority; (Metaph.)

Definition: separation from the perceiving mind. Pressure or resistance necessarily supposes externality in the thing which presses or resists. A. Smith.

Source: Webster’s Unabridged Dictionary 1913 Edition

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