externality - Meaning in Hindi
externality - Meaning in Hindi
noun
- Advertisement - Remove
externality Word Forms & Inflections
externalities (noun plural)Definitions and Meaning of externality in English
externality noun
- the quality or state of being outside or directed toward or relating to the outside or exterior
Synonyms
outwardness
Example
- "the outwardness of the world"
Synonyms of externality
Description
In economics, an externality or external cost is an indirect cost or benefit to an uninvolved third party that arises as an effect of another party's activity. Externalities can be considered as unpriced components that are involved in either consumer or producer market transactions. Air pollution from motor vehicles is one example. The cost of air pollution to society is not paid by either the producers or users of motorized transport to the rest of society. Water pollution from mills and factories is another example. All (water) consumers are made worse off by pollution but are not compensated by the market for this damage. A positive externality is when an individual's consumption in a market increases the well-being of others, but the individual does not charge the third party for the benefit. The third party is essentially getting a free product. An example of this might be the apartment above a bakery receiving some free heat in winter. The people who live in the apartment do not compensate the bakery for this benefit.
Also see "Externality" on WikipediaMore matches for externality
noun
Also See
What is another word for externality ?
Sentences with the word externality
Words that rhyme with externality
Words starting with
What is externality meaning in Hindi?
The word or phrase externality refers to the quality or state of being outside or directed toward or relating to the outside or exterior. See externality meaning in Hindi, externality definition, translation and meaning of externality in Hindi. Find externality similar words, externality synonyms. Learn and practice the pronunciation of externality. Find the answer of what is the meaning of externality in Hindi. देखें externality का हिन्दी मतलब, externality का मीनिंग, externality का हिन्दी अर्थ, externality का हिन्दी अनुवाद।
Tags for the entry "externality"
What is externality meaning in Hindi, externality translation in Hindi, externality definition, pronunciations and examples of externality in Hindi. externality का हिन्दी मीनिंग, externality का हिन्दी अर्थ, externality का हिन्दी अनुवाद
Advertisement - RemoveSHABDKOSH Apps
Tips to practice grammar effectively
Learning grammar can seem a little overwhelming. But it is also important to take small steps while learning something new. Here are some tips which… Read more »How to greet in Hindi?
This short article might help you understand the different forms of greeting. Go through these words and phrases and memorize them so that it will… Read more »Board games that help improve your vocabulary
Games are fun to play and so children always learn through games. These games mentioned in this article will help you with your vocabulary and… Read more »