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English definition of “elasticity”

elasticity

noun [U]     /ˌɪl.æsˈtɪs.ɪ.ti/ US  /-ə.t̬i/
the ability to stretch: As the skin grows older it loses its elasticity.Flexible, loose and yielding the ability to change: There is some elasticity in our plans - nothing has been firmly decided yet.Changing frequentlyChanging
(Definition of elasticity noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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