1. the quality or state of being unable to stretch or bend and return to original shape
Usage: physics; materials science
2. the property of demand or supply that shows little response to changes in price
Usage: economics

Examples

• The inelasticity of the metal caused it to break under stress.
• Rubber loses its elasticity over time, developing inelasticity.
• The inelasticity of demand for gasoline means price increases don’t greatly reduce consumption.
• Healthcare services often show inelasticity because people need them regardless of cost.
• The material’s inelasticity made it unsuitable for flexible applications.
• Economic inelasticity can lead to market inefficiencies.