As nouns the difference between caplet and craplet

is that caplet is a smooth-coated tablet shaped like a capsule, used as a tamper-resistant alternative to a capsule, or an easy-to-swallow alternative to regular tablets or caplet can be (finance) a component of an , covers one interest accrual period (such as three months); the whole interest rate cap is made up of a series of consecutive caplets while craplet is .