Term

external cost/benefit

Term

A benefit or a cost not included in the market price of the good and services being produced, i.e. costs not borne by those who create them and benefits not paid by those who receive them.

Synonyms:

Source:

EEA Glossary

Context:

Comment

Definition source publication

IMO/UNESCO/WMO/WHO/IAEA/UN/UNEP. Joint group of experts of the scientific aspects of marine environmental protection. Protecting the oceans from land-based activities.

Publication year

Definition source URL

http://glossary.eea.europa.eu/EEAGlossary

Organisation

IMO/UNESCO/WMO/WHO/IAEA/UN/UNEP

Organisation full name

Subjects

Long definition