Examlex
The bus width and bus speed together determine the bus's ____ or bandwidth; that is, the amount of data that can be transferred via the bus in a given period of time.
Property Rights
The legal rights to use, control, and derive benefits from a property or resource.
Externality
A consequence of an economic activity experienced by unrelated third parties; it can be either positive or negative.
External Costs
External costs, or negative externalities, are costs that are not borne by the parties directly involved in a transaction or activity but are imposed on third parties or society at large, such as pollution.
Internalized
This term generally refers to the absorption of external effects or costs by the decision-maker, often in the context of environmental economics.
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