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Definition of "convexity" [con•vex•i•ty]

  • The state of being convex. (noun)
  • A convex surface, body, part, or line. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Use "convexity" in a sentence
  • "Traders said hedging related to mortgage debt, or so-called convexity selling, also played a part Wednesday in pressuring Treasury yields higher."
  • "In the so-called convexity hedging, mortgage securities holders sell Treasurys to hedge against rising rates."
  • "Because the field of scalars is real or complex, vector spaces also come with the notion of convexity, which turns out to be crucial in many aspects of analysis."