An inductor (also choke, coil or reactor) is a passive two-terminal electrical component that stores energy in its magnetic field. For comparison, a capacitor stores energy in an electric field, and a resistor does not store energy but rather dissipates energy as heat.

Any conductor has inductance. An inductor is typically made of a wire or other conductor wound into a coil, to increase the magnetic field.

When the current flowing through an inductor changes, creating a time-varying magnetic field inside the coil, a voltage is induced, according to Faraday's law of electromagnetic induction, which by Lenz's law opposes the change in current that created it. Inductors are one of the basic components used in electronics where current and voltage change with time, due to the ability of inductors to delay and reshape alternating currents.

Inductance (L) results from the magnetic field forming around a current-carrying conductor which tends to resist changes in the current. Electric current through the conductor creates a magnetic flux proportional to the current. A change in this current creates a corresponding change in magnetic flux which, in turn, by Faraday's law generates an electromotive force (EMF) that opposes this change in current. Inductance is a measure of the amount of EMF generated per unit change in current. For example, an inductor with an inductance of 1 henry produces an EMF of 1 volt when the current through the inductor changes at the rate of 1 ampere per second. The number of loops, the size of each loop, and the material it is wrapped around all affect the inductance. For example, the magnetic flux linking these turns can be increased by coiling the conductor around a material with a high permeability such as iron.