flexibility

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Related to relative flexibility: autogenic inhibition

flexibility

[‚flek·sə′bil·əd·ē]
(mechanics)
The quality or state of being able to be flexed or bent repeatedly.

flexibility

The property of a material that allows it to bend without damage (and without losing its strength) and then to return to its original shape.

flexibility

i. An ability of an aircraft or an air force that permits it to be adapted quickly and easily to a variety of different tasks either in a single locality or in a number of localities.
ii. A characteristic of airpower to be used in a wide variety of roles and tasks.
iii. A characteristic of material that allows it to be repeatedly bent within its elastic limits and still return to its original shape each time the external force is removed.
References in periodicals archive ?
Cyclical fluctuations in response to demand shocks measure variables' adjustments to demand shocks within a year, a reasonable span to verify the relative flexibility of wage and price in the short-run.
Underlying the cyclical behavior of the real wage is the relative flexibility of wages and prices in response to aggregate demand shocks.
Underlying the asymmetric adjustment of the real wage to demand shocks is the relative flexibility of the nominal wage and the price level in response to positive and negative demand shocks.
The difference in the cyclical behavior of the real wage highlights the relative flexibility of wages and prices in response to positive and negative demand shocks.
Those institutions which are larger and have realized greater economies of scale, or have a greater degree of geographic and business diversity, or which have exercised more prudent growth strategies, should have a greater degree of relative flexibility to weather these conditions.

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