A variation of the Standard regulator is the quasi-LDO, which uses an NPN and PNP transistor as the pass device. The dropout voltage for a quasi-LDO delivering rated current is usually specified at about 1.5V(max). The actual dropout voltage is temperature and load current dependent, but could never be expected to go lower than about 0.9V (25°C) at even the lightest load. The dropout voltage for the quasi-LDO is higher than the LDO, but lower than the Standard regulator.
Every electronic circuit is designed to operate off of some supply voltage, which is usually assumed to be constant. A voltage regulator provides this constant DC output voltage and contains circuitry that continuously holds the output voltage at the design value regardless of changes in load current or input voltage (this assumes that the load current and input voltage are within the specified operating range for the part).
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