elasticity

Word parts

elastic + -ity

Pronunciation

• (UK) IPA ^(key): /ɪ.læsˈtɪs.ɪ.ti/

• Audio (US)

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Noun

Singular elasticity

Plural elasticities

1. The elasticity of something is how elastic the thing is.
2. (physics) The elasticity is the property of a material that is deformed under load can regain its original shape and size when unloaded.
3. (economics) The elasticity of A is how sensitive its quantity changes when B changes in another quantity.