An anti-lock braking system (ABS) prevents wheels from locking up during hard braking by modulating brake pressure. It uses speed sensors to monitor each wheel and an electronic control unit to quickly release and reapply brake pressure as needed. ABS provides improved vehicle control and stopping ability, especially on loose surfaces or during emergency braking and steering maneuvers. It allows the driver to steer during hard braking and improves safety, though ABS systems do increase vehicle costs.