A Colpitts oscillator is a type of electronic oscillator that generates sinusoidal waveforms using an LC (inductor-capacitor) circuit and is notable for its frequency stability. It employs a combination of a capacitor and an inductor to create a resonant circuit, which determines the oscillation frequency. The oscillator uses a feedback mechanism that relies on the capacitive voltage divider formed by two capacitors, enabling it to maintain sustained oscillations and is widely used in various applications like RF signal generation.