Pellet \Pel"let\, n. [F. pelote, LL. pelota, pilota, fr. L. pila a ball. Cf. {Platoon}.] 1. A little ball; as, a pellet of wax ? paper. 2. A bullet; a ball for firearms. [Obs.] --Bacon. As swift as a pellet out of a gun. --Chaucer. {Pellet molding} (Arch.), a narrow band ornamented with smalt, flat disks.