- The quality of being elastic; the inherent property in
bodies by which they recover their former figure or dimensions, after
the removal of external pressure or altering force; springiness;
tendency to rebound; as, the elasticity of caoutchouc; the elasticity
of the air. - Power of resistance to, or recovery from, depression or
overwork.
Meaning of 'elasticity' (Princeton's WordNet)
1 . elasticity
[ n]
Meaning (1): - the tendency of a body to return to its original shape after it has been stretched or compressed
Arc elasticity Arc elasticity is a reasonably accurate method of measuring the proportional change in one variable compared with a proportionate change in another