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A breaker is a piece of reef against which waves break. breaker.To know about breaker please read article This sense of the term is closely related to another sense, that of the breaking wave itself. In times past, when ocean navigation was relatively rudimentary, a line of breaking waves was a crucial indicator that a boat was bearing down upon an island or reef.breaker.A circuit breaker is an automatically operated electrical switch designed to protect an electrical circuit from damage caused by overload or short circuit. Its basic function is to detect a fault condition and, to immediately discontinue electrical flow it. Unlike a fuse, which operates once and then must be replaced, a circuit breaker can be reset (either manually or automatically) to resume normal operation. Circuit breakers are made in varying sizes, from small devices that protect an individual household appliance up to large switchgear designed to protect high voltage circuits feeding an entire city in the world. This curb was fairly common, and financial television networks such as CNBC often referred to it with the term "curbs in." On November 7, 2007, the NYSE confirmed that the exchange has scrapped this rule as of November 2.[2] The reason given for the rule's elimination was its ineffectiveness in its purpose of curbing market volatility since it was enacted in the wake of the 1987 stock market crash under the belief that it may help prevent another catastrophic market crash no.