from Wiktionary, Creative Commons Attribution/Share-Alike License
- v. To add or wrap an elastic around something.
Sorry, no etymologies found.
I don't claim to be an oil industry expert and I certainly don't try to 'elasticate the truth' as you say.
I believe you do not want to elasticate the truth, but still, I see things are told in this blog, by you and your "collegues", in a way which makes them sound more dramatic than they might be.
Beauty scoop: Seconds before the show started, Neil snipped the elasticate band on the models 'plaits, allowing them to unravel slightly.