elasticity

  • 11elasticity — A term used to describe the effects price, supply, and demand have on one another for a particular commodity. A commodity is said to have elastic demand when a price change affects the demand for that commodity; it has supply elasticity when a… …

    Financial and business terms

  • 12elasticity — noun (plural ties) Date: 1664 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. the responsiveness… …

    New Collegiate Dictionary

  • 13elasticity — e|las|tic|i|ty [ˌi:læˈstısıti] n [U] 1.) the ability of something to stretch and go back to its usual length or size ▪ the skin s natural elasticity 2.) elasticity of demand technical the degree to which a change in the price of something leads… …

    Dictionary of contemporary English

  • 14elasticity — e|las|tic|i|ty [ ılæ stısəti ] noun uncount 1. ) the ability of a substance to stretch and then return to its original shape: the strength and elasticity of silk 2. ) the ability to change when the situation changes: the elasticity of the job… …

    Usage of the words and phrases in modern English

  • 15elasticity — noun 1) the skin s natural elasticity Syn: stretchiness, flexibility, pliancy, suppleness, plasticity, resilience, springiness, give 2) the elasticity of the term Syn: adaptability, flexibility, adjustability …

    Thesaurus of popular words

  • 16elasticity — UK [ˌiːlæˈstɪsətɪ] / US [ɪlæˈstɪsətɪ] noun [uncountable] 1) physics the ability of a substance to stretch easily and then return to its original shape quickly the strength and elasticity of silk 2) the ability to change when the situation changes …

    English dictionary

  • 17elasticity — noun a) The property by virtue of which a material deformed under the load can regain its original dimensions when unloaded If the sales of an item drop by 5 % when the price increases by 10 %, its price elasticity is 0.5. b) The sensitivity of… …

    Wiktionary

  • 18elasticity — I (New American Roget s College Thesaurus) Great flexibility Nouns 1. elasticity, springiness, spring, resilience, buoyancy, extensibility, ductility, stretch, rebound, adaptability. See vigor, expansion. 2. (elastic material) rubber, India… …

    English dictionary for students

  • 19elasticity — e•las•tic•i•ty [[t]ɪ læˈstɪs ɪ ti, ˌi læˈstɪs [/t]] n. 1) the state or quality of being elastic 2) flexibility; adaptability: elasticity of meaning[/ex] 3) buoyancy; ability to overcome depression 4) phs the property of a substance that enables… …

    From formal English to slang

  • 20elasticity — /əlæsˈtɪsəti/ (say uhlas tisuhtee), /i / (say ee ) noun 1. the state or quality of being elastic. 2. flexibility: elasticity of meaning. 3. buoyancy; ability to resist or overcome depression …