A high-capacity ceramic capacitor, specifically the CAP CER 0.33UF 16V X7R 0603, offers a capacitance of 0.33 microfarads and can handle voltages up to 16 volts. It is designed with an X7R dielectric material, which provides stable capacitance across various temperatures and frequencies. The capacitor's compact 0603 (1608 metric) size makes it suitable for use in small electronic applications.