Concave(redirected from concaving)
Also found in: Dictionary, Thesaurus, Medical, Encyclopedia.
Property that a curve is below a straight line connecting two end points. If the curve falls above the straight line, it is called convex.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Describing a curve segment whose ends fall below an arbitrarily set straight line. Concave properties are important to charting; for example, when tracking a stock market's performance, a dip in the chart with respect to the previous day's close followed by a rally going up to but not necessarily meeting that close may be described as a concave curve.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved