Elasticity - definition, pronunciation, transcription

Amer.  |ˌiːlæˈstɪsəti|  American pronunciation of the word elasticity
Brit.  |ɛlaˈstɪsɪti|  British pronunciation of the word elasticity

noun

- the tendency of a body to return to its original shape after it has been stretched or compressed (syn: snap)

Examples

Price elasticity is equal to unity.

See also:  WebsterWiktionaryLongman