Exciton binding energy ($E_B=E_{\mathrm{cont}}-E_X>0$)

The exciton binding energy is the positive energy needed to separate a bound Electron and electron hole into the relevant unbound scattering states. Compare the exciton energy $E_X$ with the continuum threshold $E_{\mathrm{cont}}$ at the same total crystal momentum and for the same energy bands. The negative internal energy eigenvalue $-E_B$ and the positive separation cost $E_B$ are different sign conventions for related quantities. An exciton may move freely through a perfect crystal while remaining internally bound: “free exciton” does not mean an unbound pair.