A large, bowl-shaped volcanic depression, a caldera forms when the top of a volcanic cone collapses into the space left after magma is ejected during a violent volcanic eruption. Its diameter is many times that of the original vent. The term is Spanish for "caldron." Subsequent minor eruptions may build small cones on the floor of the caldera, and the caldera may still later fill up with water; an example of this is Crater Lake in Oregon.
1667, in the meaning defined above
Spanish, literally, cauldron, from Late Latin caldaria — more at cauldron