Business terms and jargon explained. Your business dictionary

What is Externality

An externality exists when the production or consumption of a good directly affects business or consumers not involved in buying and selling it and when those effects are not fully reflected in market prices.

Crown Copyright. Material taken from HM-Treasury. Reproduced under the terms and conditions of the Click-Use Licence.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z

Search Term   

Call Option Hryvnia Vatu
Admission of evidence Job-ready Heads Up
Economically Inactive BIS Ceteris paribus
Org chart Tax Form - P6 Earned income
Banking book Giffen goods Entrepreneur
Trustee Consumption Goods Rural Payments Agency
NAIRU Notice board terms of use Domain name sales agreement
Krona Banned And Restricted Goods County Court Judgement
Web design agreement Pre-emption Pre-Financing
EDIFACT Tax Form - P138S Shrinkage
N121 Civil Court form Yuppie Overwrite Procedure
Temporary Importation Confirmation of Verbal Agreement Credit Application Form
ROI N9B Civil Court form Headhunter

Term created / updated 2007-03-16 15:58:23

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.