Related Words

Elasticity: The ability of paint or sealant to expand and contract with the substrate without suffering damage or changes in its appearance.

Price Elasticity Of Demand: The relationship between the change in the price of a commodity and the corresponding change in the quantity that is sold. If a small change in the price is accompanied by a relatively large . . . View Full Definition

Elasticity Of An Option: In the interbank Eurodollar deposit market, an either-way market is one in which the bid and offered rates are identical.

Elasticity Of Demand And Supply: Percentage change in the value of an option given a 1% change in the value of the option's underlying stock.

Photo Elasticity: Method of determining stress patterns in structures with the aid of polarized light.

Profit Elasticity: A measure of the profit potential of different economic conditions based on adjusting price, supply, or other variables to create a different profit potential where the supply and demand cur . . . View Full Definition

Option Elasticity: The percentage increase in an option's value, given a 1 percentage point change in the value of the underlying security.

Modulus Of Elasticity: The ratio of stress to strain in material: also referred to as Young’s modulus.

Variance: Permission obtained from governmental zoning authorities to build a structure or conduct a use that is expressly prohibited by the current zoning lows, an exception from the zoning laws. A v . . . View Full Definition

Elect: The degree of buyers' responsiveness to price changes. Elasticity is measured as the percent change in quantity divided by the percent change in price. A large value (greater than 1) of elas . . . View Full Definition