D defs.my
Entry 3 senses Webster, 1913

Collet

/käl'-ĭt/ · Col·let · IPA /ˈkɑlɪt/
01 n. A small collar or neckband.
  1. 1.
    A small collar or neckband.
  2. 2.
    A small metal ring; a small collar fastened on an arbor; as, the collet on the balance arbor of a watch; a small socket on a stem, for holding a drill.(Mech.)
  3. 3.
    The part of a ring containing the bezel in which the stone is set.(Jewelry)
    “How full the collet with his jewel is!” — Cowley.