caplet
nounEtymology
Definitions
A smooth-coated tablet (pill, as in medicine) shaped like a capsule, used as a…
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.
A component of an interest rate cap, a derivative instrument that effectively prevents…
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.
The neighborhood
Vish — recursive loop
No curated loop yet for caplet. Loops are being traced one word at a time while the ingestion pipeline matures.
sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA