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  1. Dictionary
    E·las·tic·i·ty
    /əˌlaˈstisədē/

    noun

  2. Elasticity is a ratio of one percentage change to another percentage changenothing more. It is read as an absolute value. In this case, a 1% rise in price causes an increase in quantity supplied of 3.5%. The greater than one elasticity of supply means that the percentage change in quantity supplied will be greater than a one percent price ...

  3. Sep 22, 2019 · By. Anne Marie Helmenstine, Ph.D. Updated on September 22, 2019. Elasticity is a physical property of a material whereby the material returns to its original shape after having been stretched out or altered by force. Substances that display a high degree of elasticity are termed "elastic."

  4. elasticity. / ĭ-lă-stĭs ′ ĭ-tē / 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. elasticity. 1.

  5. basics. Elasticity is the property of solid materials to return to their original shape and size after the forces deforming them have been removed. Recall Hooke's law — first stated formally by Robert Hooke in The True Theory of Elasticity or Springiness (1676)… ut tensio, sic vis. which can be translated literally into… As extension, so force.

  6. noun [ U ] uk / ˌi.læsˈtɪs.ə.ti / us / ˌi.læsˈtɪs.ə.t̬i / Add to word list Add to word list. the ability to stretch: As the skin grows older it loses its elasticity. the ability to change: There is some elasticity in our plans - nothing has been firmly decided yet. SMART Vocabulary: related words and phrases. Flexible, loose and yielding. adrift.

  7. In physics and materials science, elasticity is the ability of a body to resist a distorting influence and to return to its original size and shape when that influence or force is removed.

  8. noun [ U ] us / ˌi.læsˈtɪs.ə.t̬i / uk / ˌi.læsˈtɪs.ə.ti / Add to word list. the ability to stretch: As the skin grows older it loses its elasticity. the ability to change: There is some elasticity in our plans - nothing has been firmly decided yet. SMART Vocabulary: related words and phrases. Flexible, loose and yielding. adrift. bendable. bendy.

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