e·las·tic·i·ty

[ih-la-stis-i-tee, ee-la-stis-]
noun
1.
the state or quality of being elastic.
2.
flexibility; resilience; adaptability: a statement with a great elasticity of meaning.
3.
buoyancy; ability to resist or overcome depression.
4.
Physics. the property of a substance that enables it to change its length, volume, or shape in direct response to a force effecting such a change and to recover its original form upon the removal of the force.

Origin:
1655–65; elastic + -ity

non·e·las·tic·i·ty, noun
un·e·las·tic·i·ty, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
Cite This Source Link To elasticity
00:10
Elasticity is always a great word to know.
So is zedonk. Does it mean:
the offspring of a zebra and a donkey.
an arrangement of five objects, as trees, in a square or rectangle, one at each corner and one in the middle.
Collins
World English Dictionary
elasticity (ɪlæˈstɪsɪtɪ, ˌiːlæ-) [Click for IPA pronunciation guide]
 
n
1.  See also elastic limit the property of a body or substance that enables it to resume its original shape or size when a distorting force is removed
2.  the state or quality of being elastic; flexibility or buoyancy
3.  a measure of the sensitivity of demand for goods or services to changes in price or other marketing variables, such as advertising

Collins English Dictionary - Complete & Unabridged 10th Edition
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Etymonline
Word Origin & History

elasticity
1660s, from elastic + -ity.
Online Etymology Dictionary, © 2010 Douglas Harper
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American Heritage
Medical Dictionary

elasticity e·las·tic·i·ty (ĭ-lā-stĭs'ĭ-tē, ē'lā-)
n.

  1. The condition or property of being elastic; flexibility.

  2. The property of returning to an initial form or state following deformation.

The American Heritage® Stedman's Medical Dictionary
Copyright © 2002, 2001, 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
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American Heritage
Science Dictionary
elasticity   (ĭ-lā-stĭs'ĭ-tē)  Pronunciation Key 
The ability of a solid to return to its original shape or form after being subject to strain. Most solid materials display elasticity, up to a load point called the elastic limit; loads higher than this limit cause permanent deformation of the material. See also Hooke's law.
The American Heritage® Science Dictionary
Copyright © 2002. Published by Houghton Mifflin. All rights reserved.
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American Heritage
Cultural Dictionary

elasticity definition


A shift in either demand or supply of a good or service depending on its price. Demand is said to be elastic when it responds quickly to changes in prices, and inelastic when it responds sluggishly.

elasticity definition


The property of a material that allows it to return to its original shape after having been deformed and to exert a force while deformed. (See stress.)

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Example sentences
Products with high elasticity of demand and non-tradable services see no
  increase.
Because of its elasticity of variation, there is perhaps no better model of
  statistical variance than water.
Her strength and elasticity allow her to move with the precision of a machine.
Supple at birth, skin sloughs off and regenerates more than a thousand times
  during a human life, losing elasticity along the way.
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