eyelet
noun
[ ˈʌɪlɪt ]
• a small round hole in leather or cloth for threading a lace, string, or rope through.
• a small hole or slit in a wall for looking through.
eyelet
verb
• make eyelets in (fabric).
• "her dress is of the whitest fabric, all eyeleted, embroidered, sashed"
Origin:
late Middle English oilet, from Old French oillet, diminutive of oil ‘eye’, from Latin oculus . The change in the first syllable in the 17th century was due to association with eye.