Meaning of inset initial

in'set ini"tial

Pronunciation: [key]
— Print. Print.
  1. an initial letter, esp. of the first word of a chapter or other section of a book, magazine, etc., larger than the body type and occupying two or more lines in depth, causing body type to be set around it. Also called
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.