inelastic
|in-e-las-tic|
/ˌɪnɪˈlæstɪk/
not stretchable
Etymology
'inelastic' originates from the prefix 'in-' meaning 'not' and the word 'elastic' from Greek 'elastikos' meaning 'ductile'.
'inelastic' was formed by adding the prefix 'in-' to 'elastic', which came from the Greek word 'elastikos'.
Initially, it meant 'not ductile', but over time it evolved to describe both physical and economic properties.
Meanings by Part of Speech
Adjective 1
not able to stretch or be stretched easily; lacking elasticity.
The material is inelastic and does not return to its original shape.
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Adjective 2
in economics, describes a situation where the demand or supply of a good is not sensitive to changes in price.
The demand for basic necessities is often inelastic.
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Last updated: 2025/01/11 11:45