The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

POSITIVE EXTERNALITY Definition & Legal Meaning

Definition & Citations:

When a third party realizes a benefit, gained with no direct involvement and primarily through the transactions of another party, it is known as positive externality.


This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.