Examlex
Although preferred stock provides added financial leverage in much the same way as bonds, it differs from bonds in that the issuer can pass a dividend payment without suffering the consequences of that result when an interest payment is missed on a bond.
High Resistance Load
An electrical load that has a high level of resistance, thus requiring more voltage to achieve a desired current flow.
High Current Load
Electrical components or circuits that require or handle large amounts of current, often necessitating special design considerations.
Input Field Device
An external device or sensor connected to a control system, providing real-time data for processing.
Triac Switch
A semiconductor device used to control the flow of electrical power, capable of switching high voltages and currents with low voltage control signals.
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