elasticity

noun
UK: /ˌiːlæˈstɪsɪti/
US: /ˌiːlæˈstɪsɪti/

  1. The ability of something to stretch and return to its original size or shape.

    1. The rubber band shows good elasticity.
    2. The material's elasticity ensures it can withstand repeated stretching without damage.

  2. The degree to which something is responsive to changes, such as price or demand.

    1. The price elasticity is very important.
    2. The demand elasticity for luxury goods is often high, meaning sales fluctuate with price.

Synonyms

buoyancy

Frequently Asked Questions

The word "elasticity" in English means: The ability of something to stretch and return to its original size or shape., The degree to which something is responsive to changes, such as price or demand..

The phonetic transcription of "elasticity" is /ˌiːlæˈstɪsɪti/ in British English and /ˌiːlæˈstɪsɪti/ in American English. Click the 🔊 button to hear both pronunciations.

Synonyms for "elasticity": buoyancy.

Example usage of "elasticity": "The rubber band shows good elasticity.". More examples on the page.