elasticity

1. (physics) The property by virtue of which a material deformed under load can regain its original dimensions when unloadedcountableuncountable

2. (economics) The sensitivity of changes in a quantity with respect to changes in another quantity.Examples: "If the sales of an item drop by 5% when the price increases by 10%, its price elasticity is −0.5."; "Given elasticity of demand, there is a strong argument that filling the millions of empty seats through lower fares could actually increase revenue."countableuncountable

3. (computing) A measure of the flexibility of a data store's data model and clustering capabilities.countableuncountable

4. (computing) A system's ability to adapt to changes in workload by automatically provisioning and de-provisioning resources.countableuncountable

5. (mathematics) 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.Synonyms: point elasticitycountableuncountable