Elastic Potential Energy?

Answer

Elastic potential energy refers to the potential energy of an elastic object (for example a bow or a catapult) that is deformed under tension or compression (or stressed in formal terminology). It results from a force that tries to restore the object to its original shape, which is most often the electromagnetic force between the atoms and molecules that constitute the object.
1 Additional Answer
Elastic potential energy is the energy that can be either caused by or released by the elastic distortion of either a solid or a liquid. You can find more information here: en.wikipedia.org/wiki/Elastic_Potential_Energy
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