Topic summary
Lumped elements

Extracted from the Wikipedia article Lumped-element model.
Lumped-element model
Real-world components exhibit non-ideal characteristics which are, in reality, distributed elements but are often represented to a first-order approximation by lumped elements. To account for leakage in capacitors for example, we can model the non-ideal capacitor as having a large lumped resistor connected in parallel even though the leakage is, in reality distributed throughout the dielectric. Similarly a wire-wound resistor has significant inductance as well as resistance distributed along its length but we can model this as a lumped inductor in series with the ideal resistor.