Externalization is the offsetting of costs onto society at large, as in the externalization of costs related to the health care impact of tobacco related products onto the public at large. Externalized costs do not appear on earnings statements or balance sheets, but nevertheless may impact the sustainability of the firms earnings.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). externalization. Retrieved September 21, 2026, from http://smartdefine.org/externalization/definitions/1153542 |
| Chicago | Barry Goldsmith. 2010. "externalization" http://smartdefine.org/externalization/definitions/1153542 (accessed September 21, 2026). |
| Harvard | Barry Goldsmith 2010, externalization, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/externalization/definitions/1153542>. |
| MLA | Barry Goldsmith. "externalization" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/externalization/definitions/1153542> |