Is $\frac{1}{1+0.1x}$ hyperbolic in $x$?

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I understand that hyperbolic functions are related to trigonometric functions. However, I often see it used in other contexts. For example, this function is described to be hyperbolic

$$\frac{1}{1+0.1x},$$

in some textbook on discounting. Is this true? I can tell that the derivative is strictly increasing (i.e. becoming less negative) in $x$. But surely this isn't sufficient.