rubber-band

Short definition from Wiktionary

Verb

1. 1
   To join with rubber bands.
2. 2
   To keep a computer-controlled character within a limited distance of the player when racing, as if connected by an invisible rubber band.
3. 3
   To move to a previous position due to network lag, as if being held back by a rubber band.
4. 4
   Alternative form of rubber-band.

Noun

1. 1
   Alternative form of rubber band.
2. 2
   An elastic band made of rubber (either natural rubber or synthetic rubber).