elasticity Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “elasticity” in the English Dictionary

"elasticity" in British English

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elasticitynoun [U]

uk   /ˌi.læsˈtɪs.ə.ti/  us   /ˌi.læsˈtɪs.ə.t̬i/
the ​ability to ​stretch: As the ​skingrowsolder it ​losesits elasticity.
the ​ability to ​change: There is some elasticity in ​ourplans - nothing has been ​firmlydecidedyet.
(Definition of elasticity from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"elasticity" in Business English

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elasticitynoun [U]

uk   us   /ˌɪlæsˈtɪsəti/
ECONOMICS the ​ability of something, such as the ​number of ​productssold, to ​change in relation to something else, such as the product's ​price: This ​chartshows the ​relationship between the elasticity and the ​optimalmonopolyprice for Windows.
(Definition of elasticity from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “elasticity”
in Chinese (Simplified) 弹性, 弹力, 灵活性…
in Chinese (Traditional) 彈性, 彈力, 靈活性…
What is the pronunciation of elasticity?
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