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What does convexity mean?

Looking for the meaning or definition of the word convexity? Here's what it means.

Noun
  1. The state of being convex.
  2. A convex line or surface.
  3. A measure of the curvature in the relationship between the prices and yields of bonds.
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Examples
To understand the implications of larger shifts in interest rates, the analysis must also include a calculation of convexity.
The steady-state profile is convexo-concave, and the convexity has a width corresponding exactly to the area where the first term is dominant.
If the shell is kept horizontal, its convexity towards the observer, the mucronation of the septum appears on the left side.
During the course of his examination, you note a mild convexity in the thoracic region of his spine with forward flexion at the hips.
The superior biconcave face of the plate marries perfectly the convexity of  condyles of the femoral part.
Monitor the duration and convexity of both the investment portfolio and the liabilities.

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