Abstract: A terminal assembly is provided for accommodating stripped wires and ring lugs. The assembly includes a fastener and clamp plate, the fastener being secured to a base by threaded engagement. A wire to be terminated may be inserted through an access window and secured between the clamp plate and base, with the threaded fastener serving to urge the clamp plate downwardly on the wire. For terminating ring lugs, the fastener may be raised to upper position where it is retained by elastic deformation of retaining elements within the assembly housing. Once the ring lug is inserted the fastener and clamp plate may be released and the termination completed.