A multi-layer capacitor includes first and second side-surface terminal electrodes
alternately arranged on four side surfaces of a capacitor body. First and second
major-surface terminal electrodes are arranged on a major surface of the capacitor
body. First and second internal electrodes which are opposed to each other within
the capacitor body are respectively electrically connected at ends thereof to the
first and second side-surface terminal electrodes, and are also respectively electrically
connected to the first and second major-surface terminal electrodes through via
hole conductors. With this arrangement, the directions of the currents flowing
within the multi-layer capacitor are diversified, and the lengths of current-carrying
paths are shortened so as to achieve a very low ESL value.