Convexity
1Convexity — Con*vex i*ty, n.; pl. {Convexities}. [L. convexitas: cf. F. convexit[ e].] The state of being convex; the exterior surface of a convex body; roundness. [1913 Webster] A smooth, uniform convexity and rotundity of a globe. Bentley. [1913 Webster] …
2convexity — [kän vek′sə tē, kənvek′sə tē] n. [L convexitas] 1. the quality or condition of being convex 2. pl. convexities a convex surface, line, etc …
3Convexity — A measure of the curvature in the relationship between bond prices and bond yields that demonstrates how the duration of a bond changes as the interest rate changes. Convexity is used as a risk management tool, and helps to measure and manage the …
4convexity — A measure of the sensitivity of duration to changes in yield levels. Convexity is a measure of the stability or instability of the measured duration over a range of yields. If convexity is low, that is, if the price/yield relationship is close to …
5Convexity — (Roget s Thesaurus) < N PARAG:Convexity >N GRP: N 1 Sgm: N 1 convexity convexity prominence projection swelling gibbosity bilge bulge protuberance protrusion Sgm: N 1 camber camber cahot =>(N. Am.) …
6convexity — (New American Roget s College Thesaurus) Curved like the outside surface of a sphere or circle Nouns 1. (shape) convexity, prominence, projection, swell[ing], bulge, protuberance, protrusion, growth, lump; stud. See rotundity. 2. (convex object)… …
7convexity — iškilumas statusas T sritis fizika atitikmenys: angl. convexity vok. Konvexität, f; Wölbung, f rus. выпуклость, f pranc. convexité, f …
8convexity — convex ► ADJECTIVE ▪ having an outline or surface that curves outwards like the exterior of a sphere. Compare with CONCAVE(Cf. ↑concavity). DERIVATIVES convexity noun convexly adverb. ORIGIN Latin convexus vaulted, arched …
9Convexity (finance) — In mathematical finance, convexity refers to non linearities in a financial model. In other words, if the price of an underlying variable changes, the price of an output does not change linearly, but depends on the second derivative (or, loosely… …
10Convexity in economics — Economics …
