Meaning & use

convexity

noun·Advanced

The quality of curving or bulging outward, like the surface of a sphere or lens.

See it in a sentence

The convexity of the mirror made everything reflected in it appear smaller.

Engineers measured the road's convexity to ensure rainwater would drain properly.

A note on using this word

In finance, convexity also describes how sensitive a bond's price is to changes in interest rates, a specialized technical sense.

Words with a similar meaning

This term is best learned through its definition and examples.

Choose a synonym to suit the sentence. Meanings can overlap without being identical.

Words with an opposite meaning

concavity

Another way to use it

2. noun

In finance, a measure of how the price of a bond changes as interest rates change.

Analysts favored the bond for its high convexity, which limited losses when rates rose.

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