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elastic
(redirected from elastic memory)

    Also found in: Dictionary/thesaurus, Medical, Encyclopedia, Wikipedia 0.12 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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Originally developed for use by manned space flight crews, visco elastic memory foam is now being used extensively in the bedding industry.
Pet Beds Mean Sweet Doggie Dreams by Mike O'Brien / Pets and Animals community
GE exhibited several Silicones products and services such as its new Tufel* III elastomer, a two-component, addition cured silicone elastomer that provides high resilience and elastic memory, as well as low hysteresis, for flow accuracy and improved pump life performance.
GE showcases innovative materials solutions and customization ... by China Chemical Reporter
wide strap has an elastic memory which enables the strap to contract and stay tight, even on loads that settle or shrink in size.
Nylon strapping. (Product News: Supplies) by Wood & Wood Products
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