1. (Zoology) either of a pair of sensory appendages that arise from the mouthparts of crustaceans and insects. 2. (Zoology) either of a pair of tactile organs arising from the head or anterior end of certain annelids and molluscs. [C19: from French, from Latin palpus a touching]
Convex, meaning curving out or extending outward (compare concave), may refer to: Convex set in mathematics Convex function in mathematics convex polygon a polygon in which no line segment between two points on the boundary ever goes outside the polygon.
What is 'Convexity' Convexity is 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 amount of market risk to which a portfolio of bonds is exposed. 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.