[ka-shey, kash-ey; French ka-she]
noun, plural cachets [ka-sheyz, kash-eyz; French ka-she] .
an official seal, as on a letter or document.
a distinguishing mark or feature; stamp: Courtesy is the cachet of good breeding.
a sign or expression of approval, especially from a person who has a great deal of prestige.
superior status; prestige: The job has a certain cachet.
Pharmacology. a hollow wafer for enclosing an ill-tasting medicine.
Philately. a firm name, slogan, or design stamped or printed on an envelope or folded letter.

1630–40; < French: literally, something compressed to a small size, equivalent to cache cache + -et -et

cache, cachet, cash. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
cachet (ˈkæʃeɪ)
1.  an official seal on a document, letter, etc
2.  a distinguishing mark; stamp
3.  prestige; distinction
4.  philately
 a.  a mark stamped by hand on mail for commemorative purposes
 b.  overprint Compare surcharge a small mark made by dealers and experts on the back of postage stamps
5.  a hollow wafer, formerly used for enclosing an unpleasant-tasting medicine
[C17: from Old French, from cacher to hide]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Word Origin & History

1630s, Scottish borrowing of Fr. cachet "seal affixed to a letter or document" (16c.), from O.Fr. dialectal cacher "to press, crowd," from L. coactare "constrain" (see cache). Meaning evolving through "(letter under) personal stamp (of the king)" to "prestige." Cf. Fr. lettre
de cachet "letter under seal of the king."
Online Etymology Dictionary, © 2010 Douglas Harper
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American Heritage
Medical Dictionary

cachet ca·chet (kā-shā')
An edible wafer capsule used for enclosing an unpleasant-tasting drug.

The American Heritage® Stedman's Medical Dictionary
Copyright © 2002, 2001, 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
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Example sentences
Amazon has the marketing power and cachet to provide that demo.
They disapprove of the vapid notion that spending more on a soft drink or ice
  cream can bring happiness or social cachet.
Luckily for high-end watchmakers, the psychosocial cachet of their products
  doesn't seem to be trailing off.
It seemed ridiculous trying to trade on a movie star's cachet.
Related Words
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