👉 In the context of finance, a "caprifoil" is a technical term used to describe a financial instrument that has a high volatility and low liquidity. It is often used in the context of options or futures contracts because they have relatively low transaction costs and are often traded on margin for larger positions. Caprifoils can be used as leverage to increase the value of investments, but they also carry significant risks such as market fluctuations, interest rate changes, and volatility of underlying assets.