An exciton is a bound state of an Electron and an electron hole. Their opposite electric charges attract through the Coulomb potential, producing a neutral quasiparticle with internal relative motion and motion of its center of mass. In a semiconductor, promoting an Electron from the valence band into the conduction band leaves an electron hole; the pair can occupy either an exciton bound state or an unbound scattering state. Merely creating the two charge carriers does not establish binding. A neutral exciton can transport excitation energy without transporting net electric charge. Coupling this material excitation strongly to a photon can form a polariton.
The striking optical consequence is that an exciton optical transition can absorb a photon with less energy than the threshold for creating unbound Electrons and electron holes. The difference is the exciton binding energy, not an extra one-electron energy band inside the band gap. The Wannier-Mott exciton supplies a useful large-radius model; the Frenkel exciton describes the opposite, tightly localized limit.[ref]
Excitons in Semiconductor Quantum Dots by Matjaž Humar. §3, printed pp. 4–6: bound pairs, effective masses and localized contrast
An exciton is a bound state formed by an electron and a hole that are attracted to each other by the Coulomb force. This phenomenon typically occurs in semiconductors and insulators when electrons in the valence band are excited to the conduction band, leaving behind holes in the valence band.
New to topics? Read the docs here!