Definitions
American Heritage® Dictionary of the English Language, Fourth Edition
- adj. Lacking elasticity; unyielding or unadaptable. See Synonyms at stiff.
Century Dictionary and Cyclopedia
- Not elastic; not returning after a strain; lacking elasticity.
- Incompressible; rigid; unyielding.
Wiktionary
- adj. lacking elasticity; inflexible, unyielding
GNU Webster's 1913
- adj. Not elastic.
- adj. (Economics) reacting little to changing price; -- of demand.
WordNet 3.0
- adj. not elastic
Etymologies
- in- + elastic (Wiktionary)
Examples
“The term inelastic simply refers to a good whose demand is relatively unresponsive to a change in price.”
“ShelbyC: I’m using the term inelastic to mean that, to the extent the plan is funded by the government, you cannot not pay for it.”
The Volokh Conspiracy » Failing To Understand How Markets Work:
“I’m using the term inelastic to mean that, to the extent the plan is funded by the government, you cannot not pay for it.”
The Volokh Conspiracy » Failing To Understand How Markets Work:
“One of the results of the internet bubble is that certain inelastic inputs had highly inflated prices.”
Getting Ricardo Wrong, Arnold Kling | EconLog | Library of Economics and Liberty
“The big category of goods dutiable at 5 % or less, on which tariffs stand to be eliminated, consists mainly of primary commodities, and the demand for such goods tends to be relatively "inelastic" - that is, unresponsive to small price changes such as would result from the removal of a 5 % or lower import tariff.”
“Oil is a poor analog because I’m not sure a short-term inelastic product compares to any form of information.”
“Medical services are inelastic, that is, a slight reduction in availablity pushes up prices dramatically, just like supply & demand for gasoline.”
“The problem with that logic is that much spending is actually designed to save money, or to compensate for things that economists call "inelastic" in the market.”
The Huffington Post: Paul Tullis: What Obama Forgot About Change in Washington
“In economic terms, demand for health care has been relatively inelastic, which is why stock-picking orthodoxy holds that stocks of insurers and drug makers are good to buy in tough times.”
“But demand for many drugs is what economists call inelastic: No matter what drugs cost, people will still pay.”
Lists
These user-created lists contain the word ‘inelastic’.
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Interesting words
A list of words that are odd or words that I have looked up.
concupiscence, brize, scree, scoria, forestaff, spanaemia, valetudinarianism, distasture, pyrethrum, laudanum, gentian, bicameral and 11184 more...
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words
pointingstock, kibosh, turnspit, ant-bear, earthborn, pitter, infold, hayseed, stoker, prismatic, backcross, blizzard and 96 more...
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simple & useful15
handsomely, fleshed-out, perpetually, consorting, blood relation, cubistic, implausibly, tom swifties, coiffed, progeny, deconstructed, humdrum and 93 more...
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CravinforClavin's Words
bellicose, megalopolis, spurious, interstitial, elegiac, crushing, proselytize, strident, hirsute, peripatetic, stultify, apoplectic and 66 more...
Tweets
Looking for tweets for inelastic.
bilby "Archer was struck by something languid and inelastic in her attitude, and wondered if the deadly monotony of their lives had laid its weight on her also."
- Edith Wharton, 'The Age of Innocence'. Sep 19, 2009