Definitions For Caplet
Etymology 1
capsule, tabletNoun
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.Translations
Greek: καψάκιο, n, sc=Grek Indonesian: kapletReferences
{{pedialite, Tablet}}Etymology 2
cap + letNoun
CAPLET (plural CAPLETs) (finance) A component of an w: interest rate cap, 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 w:call option, 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.References
{{pedialite, Interest rate cap and floor}}Anagrams
placetIs Caplet a Scrabble Word?
Words With Friends
YES
Scrabble US
YES
Scrabble UK
YES
English International (SOWPODS)
YES
Scrabble Global
YES
Enable1 Dictionary
YES
Points in Different Games
Scrabble
10
Words with Friends
13
The word Caplet is worth 10 points in Scrabble and 13 points in Words with Friends