Electric potential refers to the potential energy per unit charge at a specific point in an electric field, while voltage is the difference in electric potential between two points. Voltage quantifies the energy required to move a charged particle from one point to another, often referenced relative to infinity. The relationship between electric potential and voltage can be illustrated with examples, such as calculating potential energy for a charged particle at different points in a circuit. The distinction is crucial, as electric potential is not inherently relative, whereas voltage is defined as a difference between two points. Understanding these concepts is essential for grasping the fundamentals of electrical circuits.