caplets
caplets is the plural of caplet.
Meaning of caplet
Noun (1)
caplet (plural caplets)
Noun (2)
caplet (plural caplets)
- 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.
Questions about caplets
- What is caplets the plural of?
- Caplets is the plural of caplet.
Words near caplets in the dictionary
Source and license
Adapted from Wiktionary: caplets (page history and authors); caplet (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “caplets.” Word.ws, https://word.ws/caplets. Based on Wiktionary, CC BY-SA 4.0.
