Meaning of the word convexity in English
What does convexity mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
convexity
US /kənˈvek.sə.t̬i/
UK /kənˈvek.sə.ti/
Noun
1.
the quality or state of being convex
Example:
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The lens's convexity allowed it to magnify the image.
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The architect designed the building with a slight convexity on its facade.
2.
a measure of the curvature of a bond's price-yield relationship, indicating how sensitive the bond's duration is to changes in interest rates
Example:
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Investors often consider a bond's convexity when assessing its risk.
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Positive convexity is generally desirable for bondholders.
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