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Elasticity Meaning in English

word

Definition

Elasticity is the ability of something to return to its original shape after being stretched or pressed. In economics, it refers to how much something changes when a related factor changes, like price or demand.

Usage & Nuances

Common in science, textiles, and economics ('price elasticity', 'elasticity of demand'). In everyday use, usually describes physical properties, but in economics, it's a technical term. Not to be confused with 'elastic' (the adjective or noun).

Example Sentences

The elasticity of this rubber band is very high.

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Wool has more elasticity than cotton.

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Doctors test the elasticity of skin to check for health problems.

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In economics, price elasticity explains why some products lose sales when prices go up, but others don't.

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Yoga helps improve the elasticity of your muscles and joints.

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You can measure the elasticity of a material by stretching it and seeing how well it snaps back.

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