caplet
Meaning of caplet
noun
A smooth-coated tablet (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.
noun
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.
Information about caplet
- It is a name.
- The plural form of caplet is: caplets.
- Languages in which caplet is used:
(Press the button to hear it)
Hyphenation of caplet
caplet
- It consists of 1 syllables and 6 chars.
- caplet is a word monosyllabic because it has one syllable
Anagrams of caplet
Words that rhyme with caplet
chaplet, quindecaplet, scraplet, taplet, sheeplet, chiplet, liplet, multiplet, shiplet, striplet, tiplet, triplet, Simplet, lamplet, templet, bishoplet, droplet, looplet, peoplet, poplet, shoplet, applet, ripplet, scarplet, splet, couplet, decuplet, dodecuplet, duplet, grouplet, nonuplet, octuplet, quadruplet, quintuplet, septuplet, sextuplet