What is the meaning of Convex?

Curved, as in the shape of the outside of a circle. Usually referring to the price/required yield relationship for option-free bonds.

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APABarry Goldsmith. (2010). convex. Retrieved September 21, 2026, from http://smartdefine.org/convex/definitions/1150786
ChicagoBarry Goldsmith. 2010. "convex" http://smartdefine.org/convex/definitions/1150786 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, convex, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/convex/definitions/1150786>.
MLABarry Goldsmith. "convex" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/convex/definitions/1150786>
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