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A pulsar (from pulse and -ar as in quasar) is a highly magnetized rotating neutron star or white dwarf that emits a beam of electromagnetic radiation. This radiation can be observed only when the beam of emission is pointing toward Earth (much like the way a lighthouse can be seen only when the light is pointed in the direction of an observer), and is responsible for the pulsed appearance of emission. Neutron stars are very dense, and have short, regular rotational periods. This produces a very precise interval between pulses that ranges from milliseconds to seconds for an individual pulsar. Pulsars are believed to be one of the candidates for the source of ultra-high-energy cosmic rays (see also centrifugal mechanism of acceleration).
The periods of pulsars make them very useful tools. Observations of a pulsar in a binary neutron star system were used to indirectly confirm the existence of gravitational radiation. The first extrasolar planets were discovered around a pulsar, PSR B1257+12. Certain types of pulsars rival atomic clocks in their accuracy in keeping time.