Inductance is a property of an AC circuit (or a component in an AC circuit) that quantifies resistance to changes in current. The current in an AC circuit is continuously changing and inductive reactance (the opposition to change) depends both on the inductance of the circuit or component and the rate at which the current is changing.

In a parallel circuit, each load occupies a separate parallel path in the circuit and the input voltage is fully applied to each path. Unlike a series circuit where current (I) is the same at all points in the circuit, in a parallel circuit, voltage (V) is the same across each parallel branch of the circuit but current differs in each branch depending on the load (resistance) present.

Capacitors store voltage and are used in circuits as temporary batteries. Capacitors are charged by DC current (AC current passes through a capacitor) and that stored charge can later be dissipated into the circuit as needed. Capacitors are often used to maintain power within a system when it is disconnected from its primary power source or to smooth out or filter voltage within a circuit.

The transistor is the foundation of modern electronic devices. It is made entirely from semiconductor material (making it a solid state device) and can serve many different functions in a circuit including acting as a switch, amplifier, or current regulator. A transistor works by allowing a small amount of current applied at the base to control general current flow from collector to emitter through the transistor.

Voltage (V) is the electrical potential difference between two points. Electrons will flow as current from areas of high potential (concentration of electrons) to areas of low potential. Voltage and current are directly proportional in that the higher the voltage applied to a conductor the higher the current that will result.