The time required for a unidirectional electrical quantity, such as voltage or current, to decrease to 1/e (approximately 0.368) of its initial value or to increase to (1 −1/e) (approximately 0.632) of its final value in response to a change in the electrical conditions in an electronic circuit or device. Thus at any instant following initiation of the change in electrical equilibrium, such as switching a d.c. supply voltage on or off, the instantaneous change of a quantity, V, is given by
where Vf is the final value of the quantity and τ the time constant. In the case of a decreasing quantity Vf is usually zero and the expression becomes
The time constant is a measure of the speed of operation of any circuit or device; circuits that contain capacitance or inductance can have very long time constants (of about a few seconds). For example, the time constant of a circuit containing a resistance of R ohms in series with a capacitance of C farads is given by
One that contains a resistance, R, in series with an inductance of L henries has a time constant given by