Elasticity

Quick meaning: Elasticity is a noun meaning (physics) The property by virtue of which a material deformed under load can regain its original dimensions when unloaded.

Meaning

(physics) The property by virtue of which a material deformed under load can regain its original dimensions when unloaded.

More Meanings

1. (economics) The sensitivity of changes in a quantity with respect to changes in another quantity.
2. (computing) A measure of the flexibility of a data store's data model and clustering capabilities.
3. (computing) A system's ability to adapt to changes in workload by automatically provisioning and de-provisioning resources.
4. The quality of being elastic.
5. Adaptability.
6. (mathematics) The ratio of the relative change in a function's output with respect to the relative change in its input, for infinitesimal changes at a certain point.

Example Sentences

Her elasticity allowed her to recover quickly.

If the sales of an item drop by 5% when the price increases by 10%, its price elasticity is −0.5.

"I'll have a try at it, Gladys, if you will only give me an idea what would please you." She laughed at the elasticity of my character.

Given elasticity of demand, there is a strong argument that filling the millions of empty seats through lower fares could actually increase revenue.

Word Forms

• elasticities

Antonyms for elasticity

Common opposites include inelasticity.

Related Words

Related dictionary entries include elastic, visco, spring, flexibility, flexitime, stretch.

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