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concave |
Also found in: Dictionary/thesaurus, Medical, Financial, Wikipedia | 0.03 sec. |
concaveOf a surface, curving inwards, or away from the eye. For example, a bowl appears concave when viewed from above. In geometry, a concave polygon is one that has an interior angle greater than 180°. Concave is the opposite of convex. |
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Being aware of limitations of CV as the decision rule (that it ignores the fact that the indifference curve of a rational investor is concaved and not a sloping line), we plotted the maximum and minimum NPV on a graph and observed the downside risk for all alternatives. |
concaved
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