In workersâ compensation, the experience modification is the critical component of the premium calculation. Even so, it is. often misunderstood by the employers who receive these experience ratings.
An electrode is an electrical conductor used to make contact with a nonmetallic part of a circuit (e.g. a semiconductor, an electrolyte, a vacuum or air). The word was coined by William Whewell at the request of the scientist Michael Faraday from the Greek words elektron, meaning amber (from which the word electricity is derived), and hodos, a way.
â¢ Electrolyte is basically a medium for the current flow. Electrode is the connection between the conducting part of the circuit and non-metallic part of the circuit. â¢ The voltage generated from an electrochemical cell depends on the two metals used and the concentration of the electrolyte ions.