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Convex |
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Convex Curved, as in the shape of the outside of a circle. Usually referring to the price/required yield relationship for option-free bonds. Convex Describing a curve. Generally speaking, analysts use convex to describe the price-yield relationship of coupon bonds. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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They are made of hollow steel or titanium and have a shallow and slightly convex face. The stretched fibers on the convex face tend to fracture long before the compressed concave face reaches maximum stress limits. |
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