What's this all about?
The nerve itself is composed of a cell body (called a soma),
an axon, and dendrites. 
Nerves send signals using an electrical charge that is passed from the
dendrites,to the axon, then to the next cell. This electrical signal,
known as a nerve impulse, is created by the
movement of ions. Sodium (Na+) ions migrate into the nerve cell
because of stimulation from the central nervous system. This creates
a net localized positive charge inside the cell, called an action
potential. However, the positive charge degrades as it moves
through the cell because the ions will diffuse (and then so will the local
charge). The nerve cell has devised a mechanism to keep the magnitude of
the charge it receives and then later transmits at a constant value.