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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Womb to Tomb Balance of payments (BOP) Earning asset
Abscond Adjourn In pleno
Dong A.E.R Data breach
Mortgage Offer Identity Theft Leu
IDK Take Out Exempt Input Tax
Et cetera PRODCOM Consolidated supervision
AVTUR Yearling District judges
Payout Period Abort fee TAR
Office Of Export Tax Form - P14 Marketing Plan
Franchise Excise Goods Afghani
Publici juris Administration Customer
Joint Tenants ADSL Ogden tables
Quid pro quo Zero rated KITING

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

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