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elaˈsticity

British  
/ ɪlæˈstɪsɪtɪ, ˌiːlæ- /

noun

  1. the property of a body or substance that enables it to resume its original shape or size when a distorting force is removed See also elastic limit

  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" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.