Capacitance: A measure of the amount of electric charge stored (or separated) for a given electric potential. The most common form of the charge storage device is a two-plate capacitor.
(also referred to as a condenser) A multi-purpose device that can store electrical charge in the form of an electric field. It is used, for example, for power factor correction in (inductive) AC circuits. Capacitors are used to buffer electricity (smooth out peaks) and to guard against momentary voltage losses in circuits (when changing batteries, for example).
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