external cost (2024)

Term

Term

See Also
Total Quality Management (TQM) - Management and Strategy InstituteBusiness Fundamentals: Quality costs | Saylor AcademyWhat is Cost of Quality (CoQ)? Why to Use & How to Measure it?environmental costs

An external cost is a cost not included in the market price of the goods and services being produced, i.e. a cost not borne by those who create it.

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
  • ECONOMICS AND CORPORATE REPORTING
  • INTEGRATED TOOLS AND METHODOLOGIES FOR ASSESSMENT
Long definition
See Also
Internal failure costs definition — AccountingTools

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For references, please go to https://www.eea.europa.eu/help/glossary/eea-glossary/external-cost or scan the QR code.

PDF generated on 02 Apr 2024, 08:07 PM

external cost (1)

external cost (2024)
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