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.
Convexity is a good measure for bond price changes with greater fluctuations in the interest rates. Mathematically speaking, convexity is the second derivative of the formula for change in bond prices with a change in interest rates and a first derivative of the duration equation.