A high-quality terminal connection able to accept multiple types of speaker wire with a variety of terminations or ends. The connections are used on speakers and amplifiers. These bindings screw down onto bare wire or wire terminations (spade lugs and pins) for a strong connection. They also provide easy “push-in” connection through banana terminations. Five-way binding posts allow the maximum surface contact area between the post itself and the speaker wire allowing the most complete connection and best possible signal transfer. Gold-plated binding posts are found on many high-end amplifiers and speakers. Speakers and amplifiers with 5-way binding posts are much preferred over speakers and amplifiers (or receivers) with other connections (the most notable of which is the cheap spring-clip or guillotine connector found on many inexpensive speakers and receivers).