|
|
Definition of Caplet
1. Noun. A smooth-coated tablet (gloss pill, as in medicine) shaped like a capsule, used as a tamper-resistant alternative to a capsule, or an easy-to-swallow alternative to regular tablets. ¹
2. Noun. (finance) A component of an interest rate cap, a derivative instrument that effectively prevents the interest payments on an otherwise variable-rate loan from exceeding an agreed level (the "cap"). Each "caplet", analysable as a call option, covers one interest accrual period (such as three months); the whole interest rate cap is made up of a series of consecutive caplets. ¹
¹ Source: wiktionary.com
Definition of Caplet
1. a coated tablet [n -S]
Lexicographical Neighbors of Caplet
Literary usage of Caplet
Below you will find example usage of this term as found in modern and/or classical literature:
1. A Study of Modern Harmony: (Étude Sur L'harmonie Moderne) by René Lenormand (1915)
"Here in alphabetical order is a list of composers whose works are quoted: MM.
Louis Aubert, Alfred Bruneau, caplet, E. Chabrier, E. Chausson, Claude Debussy ..."
2. The Catholic Encyclopedia: An International Work of Reference on the by Edward Aloysius Pace (1922)
"... caplet the American Cassinese Congregation, prior of St. (b. 1836; d. 1916),
of the Cassinese Congregation, Martin's at Lacey and one of the founders of ..."
Other Resources:
