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concave
(redirected from concaved)

   Also found in: Dictionary/thesaurus, Financial, Wikipedia, Hutchinson 0.09 sec.
concave /con·cave/ (kon-kav´) rounded and somewhat depressed or hollowed out.
con·cave (kn-kv, knkv)
adj.
Curved like the inner surface of a sphere.
n.
A concave surface, structure, or line.

concave
rounded and somewhat depressed or hollowed out.

concave face
of the Golgi complex in the developing embryo is associated with maturing secretory vesicles.
concave shoe
a horseshoe with its inner edge thicker than the outer so that the surface touching the ground is slightly smaller than the surface in contact with the hoof.

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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.
 
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