The difference between Elasticity and Omega
When used as nouns, elasticity means the property by virtue of which a material deformed under load can regain its original dimensions when unloaded, whereas omega means the twenty-fourth letter of the classical and the modern greek alphabet, and the twenty-eighth letter of the old and the ancient greek alphabet, i.e. the last letter of every greek alphabet. uppercase version: ω.
check bellow for the other definitions of Elasticity and Omega
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Elasticity as a noun (physics):
The property by virtue of which a material deformed under load can regain its original dimensions when unloaded
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Elasticity as a noun (economics):
The sensitivity of changes in a quantity with respect to changes in another quantity.
Examples:
"If the sales of an item drop by 5% when the price increases by 10%, its price elasticity is -0.5."
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Elasticity as a noun:
The quality of being elastic.
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Elasticity as a noun:
Adaptability.
Examples:
"Her elasticity allowed her to recover quickly."
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Omega as a noun:
The twenty-fourth letter of the Classical and the Modern Greek alphabet, and the twenty-eighth letter of the Old and the Ancient Greek alphabet, i.e. the last letter of every Greek alphabet. Uppercase version: Ω; lowercase: ω.
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Omega as a noun (often capitalized):
The end; the final, last or ultimate in a sequence.
Examples:
"I am the Alpha and the Omega, the First and the Last, the Beginning and the End.'' — Revelation 22:13, New International Version."
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Omega as a noun (physics):
Angular velocity; symbol: ω.
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Omega as a noun (slang):
An omega male.
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Omega as a noun (finance):
The percentage change in an option value divided by the percentage change in the underlying asset's price.