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A collet is a segmented sleeve, band or collar. One of the two radial surfaces of a collet is usually tapered (i.e a truncated cone) and the other is cylindrical. The term collet commonly refers to a type of chuck that uses collets to hold either a workpiece or a tool (such as a drill) but has other mechanical applications.
An external collet is a sleeve with a cylindrical inner surface and a conical outer surface. The collet can be squeezed against a matching taper such that its inner surface contracts to a slightly smaller diameter, squeezing the tool or workpiece to hold it securely. Most often the collet is made of spring steel, with one or more kerf cuts along its length to allow it to expand and contract. This type of collet holds the external surface of the tool or workpiece being clamped. This is the most usual type of collet chuck. An external collet clamps against the internal surface or bore of a hollow cylinder. The collet's taper is internal and the collet expands when a corresponding taper is drawn or forced into the collet's internal taper.
As a clamping device, collets are capable of producing a high clamping force and accurate alignment. While the clamping surface of a collet is normally cylindrical, it can be made to accept any defined shape.