A synapse is the functional connection between a neuron and the cell it is signaling, typically a junction between presynaptic and postsynaptic neurons.
Most synapses in the human nervous system are chemical synapses at which a chemical messenger transmits information one way across a space separating the two neurons.
In an electrical synapse, two neurons are connected by gap junctions, which allow charge carrying ions to flow directly between the two cells in either direction.
Neurotransmitters produce postsynaptic potentials, which are brief depolarizations or hyperpolarizations that increase or decrease the rate of firing of the axon of the postsynaptic neuron.
Hyperpolarization in a postsynaptic potential is an inhibitory postsynaptic potential (IPSP) because it causes the membrane potential to move away from threshold.
Depolarization in a postsynaptic potential is called an excitatory postsynaptic potential (EPSP) because it causes the membrane potential to move toward threshold.
Spatial and temporal summation of EPSPs allows a depolarization of sufficient magnitude to cause the stimulation of action potentials in the postsynaptic neuron.