Noun
caplet (plural caplets)
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.
caplet (plural caplets)
(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.
caplet (plural caplets)
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.
caplet (plural caplets)
(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.
Music Le Havre is the birthplace of many musicians and composers such as Henri Woollett (1864–1936), André Caplet (1878–1925) and Arthur Honegger (1892–1955). Source: Internet
Hours after the premiere, Claude Debussy wrote to his younger colleague and assistant, André Caplet, that Stravinsky’s new score was “extraordinarily wild.” Source: Internet