(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.
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.
catlap
catlap
noun
(slang, derogatory) A watery or thin drink (especially tea or milk); a non-alcoholic drink.
claspt
claspt
verb
(archaic) simple past tense and past participle of clasp
coplot
coplot
verb
(transitive) To plot (curves, points, etc.) together.
cutlip
placet
placet
intj
Expression of assent to a vote in the governing body of a university, an ecclesiastical council, etc.
noun
A vote of assent, as of the governing body of a university, an ecclesiastical council, etc.
The assent of the civil power to the promulgation of an ecclesiastical ordinance.
placit
placit
noun
(obsolete) A decree or determination; a dictum.
platch
platic
plitch
plotch
sculpt
sculpt
noun
(computer graphics) A modification that can be applied to an object, like a texture, but changes the object's shape rather than its appearance.
verb
(intransitive) To work as a sculptor.
(transitive) To carve out gradually.
(transitive) To form by sculpture.
yclept
yclept
adj
(archaic, poetic or humorous) Called (by a certain name), named.
