Etymology
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inelastic (adj.)

1748, "not rebounding after a strain," from in- (1) "not, opposite of" + elastic (adj.). Figurative sense "rigid, unyielding" attested by 1867. Related: Inelasticity.

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Definitions of inelastic

inelastic (adj.)
not elastic;
economists speak of an inelastic price structure
From wordnet.princeton.edu