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Electric Potential vs. Electric Potential Energy

Hi. Can someone please explain to me what exactly the electric potential is and how it differs from electric potential energy -- not with equations, but in prose. (Or at least, with both.) I can read the equation, but I don't really understand what electric potential IS. What is its significance?

Thank you!

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Electric potential energy is the energy of a charged object or body in an electric ...

Solution Summary

A short explanation is given with more information added in an attachment.