An 'owlet' specifically refers to an owl that is still immature or very young. We watched the owlet learn to fly, flapping its tiny wings.
Pro Tip 2/3
Animal Kinship
Using 'owlet' shows the speaker identifies the young bird's family; similar to 'puppy' for dogs. The biologist recorded the growth stages of the owlet and its parents.
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Affective Tone
'Owlet' may carry cute or affectionate connotations because it refers to a young animal. The children adored the fluffy owlet at the wildlife preserve.