Business Terms and Jargon Explained

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.

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Reentry Memorandum of Understanding Book value
Per diem Smart Card Yuan
Backup Bounced cheque PAYE
F2F Surplus Sciens
Tugrik Sniffing Entitled Destinations
County Court Judgement Pupillage Retail price
Intermediate goods Supply Of Services Browser
BTW Non sequitur Sui juris
Website terms of use Working Capital Signature
Trademark ISA Paris Convention
Registered Office Leave to appeal Grant of confirmation
Corporations Usufruct Denar
Public Good Judgment Lien HMSO

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

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