Definition of elasticity noun from the Oxford Advanced Learner's Dictionary

 

elasticity

 noun
noun
BrE BrE//ˌiːlæˈstɪsəti//
 
; NAmE NAmE//ˌiːlæˈstɪsəti//
 
; BrE BrE//ˌelæˈstɪsəti//
 
; NAmE NAmE//ˌelæˈstɪsəti//
 
; BrE BrE//ɪˌlæˈstɪsəti//
 
; NAmE NAmE//ɪˌlæˈstɪsəti//
 
[uncountable]
 
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the quality that something has of being able to stretch and return to its original size and shape (= of being elastic ) As you get older, the skin loses its natural elasticity.
See the Oxford Advanced American Dictionary entry: elasticity