elasticity >> /iˌlæˈstɪsədi/
Definition: [noun] The ability of an object or material to resume its normal shape after being stretched or compressed; stretchiness.
Example: aging can decrease the elasticity of your skin
Definition: [noun] Ability to change and adapt; adaptability.
Example: Within the rodents, which generally have short generation times, generation time is positively correlated with adult survival elasticity.
Definition: [noun] The degree to which a demand or supply is sensitive to changes in price or income.
Example: the price elasticity of electricity demand