Electrode
An electrode in an electrochemical cell is referred to as either an anode or a cathode (words that were coined by William Whewell at Faraday's request). The anode is now defined as the electrode at which electrons leave the cell and oxidation occurs (indicated by a minus symbol, "-"), and the cathode as the electrode at which electrons enter the cell and reduction occurs (indicated by a plus symbol, "+"). Each electrode may become either the anode or the cathode depending on the direction of current through the cell. A bipolar electrode is an electrode that functions as the anode of one cell and the cathode of another cell.

In a vacuum tube or a semiconductor having polarity (diodes, electrolytic capacitors) the anode is the positive (+) electrode and the cathode the negative (-). The electrons enter the device through the cathode and exit the device through the anode. Many devices have other electrodes to control operation, e.g., base, gate, control grid.
In a three-electrode cell, a counter electrode, also called an auxiliary electrode, is used only to make a connection to the electrolyte so that a current can be applied to the working electrode. The counter electrode is usually made of an inert material, such as a noble metal or graphite, to keep it from dissolving.
In arc welding, an electrode is used to conduct current through a workpiece to fuse two pieces together. Depending upon the process, the electrode is either consumable, in the case of gas metal arc welding or shielded metal arc welding, or non-consumable, such as in gas tungsten arc welding. For a direct current system, the weld rod or stick may be a cathode for a filling type weld or an anode for other welding processes. For an alternating current arc welder, the welding electrode would not be considered an anode or cathode.
For electrical systems which use alternating current, the electrodes are the connections from the circuitry to the object to be acted upon by the electric current but are not designated anode or cathode because the direction of flow of the electrons changes periodically, usually many times per second.