The notion of the
electric dipole polarizability density function
of atoms and molecules has been considered. The current density induced
by the time derivative of the electric field of monochromatic light
allows for a new definition of the electric dipole polarizability
density, which is translationally invariant. This translational invariance
provides the physical meaning that was lacking in previous defined
polarizability densities. The new polarizability density has been
implemented at the TD-DFT level of theory. The origin independence
has been proven
in silico
to hold regardless of the
basis set size. Two emblematic molecules, i.e., CO and N
2
, which in many respects display similar electric response, have
been studied in detail. The substantial differences, which have been
highlighted in the topology of the parallel and perpendicular polarizability
density tensor components of CO and N
2
, are grossly hidden
by compensation, when integration is carried out to get the molecular
properties.