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What does elastic mean?

Looking for the meaning or definition of the word elastic? Here's what it means.

Adjective
  1. Capable of stretching; particularly, capable of stretching so as to return to an original shape or size when force is released.
  2. Made of elastic.
  3. Of clothing, elasticated.
  4. (economics) Sensitive to changes in price.
  5. springy; bouncy; vivacious
  6. Able to return quickly to a former state or condition, after being depressed or overtaxed; having power to recover easily from shocks and trials.
Noun
  1. (uncountable) An elastic material used in clothing, particularly in waistbands and cuffs.
  2. (countable) An elastic band.
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