Concept information

business > accounting > bookkeeping > internalisation of external costs

Preferred term

internalisation of external costs  

Definition

  • The process of getting those who produce goods or services with adverse effects on the environment or on society to incorporate a knowledge of possible negative repercussions into future economic decisions.

Broader concept

Belongs to group

In other languages

URI

http://www.eionet.europa.eu/gemet/concept/7788

Download this concept:

RDF/XML TURTLE JSON-LD Created 9/8/04, last modified 9/8/04