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elastic
(redirected from Elastic limit)

   Also found in: Dictionary/thesaurus, Medical, Encyclopedia, Wikipedia, Hutchinson 0.04 sec.
elastic
Of or relating to the demand for a good or service when the quantity purchased varies significantly in response to price changes in the good or service. For example, the demand for a product with many close substitutes is elastic because a small price rise will cause consumers to switch to competing brands. Compare inelastic.


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From the plotted diagram, several strength values can be interpreted such as yield strength, ultimate strength, modulus of elasticity and elastic limit.
For the uncured sealant, resistance to cracking is related to elastic limit and yield point.
Ductility refers to the ability of the structure to perform or deform beyond its elastic limit without failure.
 
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