Examlex
Standing is a necessary prerequisite to a court's proper exercise of subject matter jurisdiction.
Congestion Toll
A fee charged to drivers who use certain roads during peak periods, intended to reduce traffic congestion by discouraging the use of those routes.
Internalizing
The process of absorbing or taking in information, values, or costs, often used when discussing the incorporation of external costs into market prices.
Externality
An economic effect of a transaction that affects third parties who did not choose to be involved in the transaction.
Externality
An externality is a cost or benefit caused by a producer that is not financially incurred or received by that producer.
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