The document discusses the triode for alternating current (TRIAC). A TRIAC is a bidirectional thyristor that can conduct current in both directions, unlike an SCR which only conducts in one direction. The TRIAC has symmetrical characteristics in the first and third quadrants of its IV curve. It can be triggered by either a positive or negative gate signal, unlike the SCR which only responds to a positive gate signal. The TRIAC turns on when a positive or negative voltage is applied to its gate terminal to create a triggering current and remains on until the current through its main terminals drops below the holding current.