In an rc circuit, what is the name of the quantity represented by the symbol τ?

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In an rc circuit, what is the name of the quantity represented by the symbol τ?

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For a given resistance value or for a particular capacitance value, the rate at which a capacitor is charged or discharged is affected.
Therefore, the product of the value of the resistance to the value of the capacitance is what is called the “time constant”
It is indicated by the Greek letter “tau” τ
τ = R * C.