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elasticity

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noun elas·tic·i·ty \i-ˌlas-ˈti-sə-tē, ˌē-ˌlas-, -ˈtis-tē\

Definition of elasticity

plural elas·tic·i·ties

  1. 1 :  the quality or state of being elastic: as a :  the capability of a strained body to recover its size and shape after deformation :  springiness b :  resilience 2 c :  the quality of being adaptable

  2. 2 :  the responsiveness of a dependent economic variable to changes in influencing factors <elasticity of demand> <price elasticity>



1664

First Known Use of elasticity

1664


Medical Dictionary

elasticity

play
noun elas·tic·i·ty \i-ˌlas-ˈtis-ət-ē, ˌē-ˌlas-, -ˈtis-tē\

Medical Definition of elasticity

plural elas·tic·i·ties

  1. :  the quality or state of being elastic





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