elasticity

Plural: elasticities

Noun

• the tendency of a body to return to its original shape after it has been stretched or compressed
• The property by virtue of which a material deformed under load can regain its original dimensions when unloaded
• The sensitivity of changes in a quantity with respect to changes in another quantity.
• A measure of the flexibility of a data store's data model and clustering capabilities.
• A system's ability to adapt to changes in workload by automatically provisioning and de-provisioning resources.
• The ratio of the relative change in a function's output with respect to the relative change in its input, for infinitesimal changes at a certain point.
• The quality of being elastic.
• Adaptability.

Examples

• Her elasticity allowed her to recover quickly.
• If the sales of an item drop by 5% when the price increases by 10%, its price elasticity is −0.5.

Synonyms

snap, point elasticity

Antonyms

inelasticity