This document discusses a transistor series voltage regulator circuit, also known as an emitter follower voltage regulator. It consists of a Zener diode that provides a reference voltage and a transistor that acts as a variable resistor to maintain a constant output voltage. The collector and emitter terminals of the transistor are in series with the load. An increase in input voltage causes the transistor's resistance to increase, keeping the output voltage stable. This type of regulator is more efficient than a simple Zener regulator but has limitations such as inability to maintain a perfectly constant voltage and poor regulation at high currents.