elasticity

noun

elas·​tic·​i·​ty i-ˌla-ˈsti-sə-tē 

ˌē-ˌla-,

-ˈti-stē

plural elasticities

1

: the quality or state of being elastic: such as

a

: the capability of a strained body to recover its size and shape after deformation : springiness

b

: resilience sense 2

c

: the quality of being adaptable

2

: the responsiveness of a dependent economic variable to changes in influencing factors

elasticity of demand

price elasticity

Examples of elasticity in a Sentence

Recent Examples on the Web

The pen’s elasticity is a regression to the mean from each of us buying it. —Megan Poinski, Forbes.com, 7 Apr. 2025

The intrigue: In making the case for their approach, including their formula, the Office of the U.S. Trade Representative cites research on price elasticity by the Harvard Business School professor Alberto Cavallo. —Ben Berkowitz, Axios, 6 Apr. 2025

However, the high heat can damage the fabric's elasticity and also diminish its moisture-wicking properties. —Katelyn Squiers, Better Homes & Gardens, 6 Apr. 2025

If the assumptions surrounding elasticity are adjusted in Trump’s formula, no country’s tariff would exceed 14%, and most would be at exactly 10%, the baseline established by the Trump administration. —Erin Doherty, CNBC, 5 Apr. 2025

Word History

First Known Use

1664, in the meaning defined at sense 1

Rhymes for elasticity

• authenticity
• chromaticity
• concentricity
• domesticity
• eccentricity
• electricity
• iconicity
• metallicity
• multiplicity
• specificity
• synchronicity
• analyticity

Medical Definition

elasticity

noun

elas·​tic·​i·​ty i-ˌlas-ˈtis-ət-ē, ˌē-ˌlas-, -ˈtis-tē 

plural elasticities

: the quality or state of being elastic