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LSDefine

Simple English definitions for legal terms

spillover

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A quick definition of spillover:

Spillover: When someone does something that affects other people or the environment around them, it can have positive or negative consequences. These consequences are called externalities. A positive externality is when someone's actions benefit others without them having to pay for it, like when a neighbor plants a beautiful garden that everyone can enjoy. A negative externality is when someone's actions harm others without compensating them, like when a factory pollutes a nearby river and makes it unsafe for people and animals to use. Spillover is another word for externality, and it's important to consider these effects when making decisions that impact others.

A more thorough explanation:

Spillover is a term used to describe the unintended consequences of economic activity. It refers to the social or monetary effects that occur as a result of an individual or business's actions, which can either benefit or harm others without compensation.

For example, if a factory releases pollutants into the air or water, nearby residents may experience negative health effects or damage to their property. This is an example of a negative externality, where the factory's actions harm others without paying for the damage caused.

On the other hand, if a homeowner invests in landscaping their property, it can increase the value of neighboring homes. This is an example of a positive externality, where the homeowner's actions benefit others without receiving compensation.

Spillover effects can have significant impacts on individuals and communities, and are an important consideration in economic decision-making.

spigurnel | spillover theory

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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