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externality
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   Also found in: Dictionary/thesaurus, Medical, Wikipedia 0.01 sec.

externality

The difference between the social cost or benefit of an economic activity and its private cost or benefit. For example, if a company pollutes the atmosphere but pays nothing to the government or the community for this, then the pollution becomes an externality.



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The United States is the earth's leading source of positive externalities for the world.
In other words, in looking at data like this to set values, you would tend to weigh the clear financial trend less than the externalities of the firm (the market or industry).
Accepting reverse transfer students may also increase the number of high-performing students in community college classrooms, a factor that may produce positive externalities for the entire student body.
 
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