Abstract: This invention relates to a component terminal system adapted to receive a combination of integrated circuits and individual discrete components. The terminal system includes a circuit terminal projecting above a frame to which a circuit connection may be made. A second terminal projects inward from the adjacent side of the frame and forms a V-shaped trough for receiving the wire leads from the integrated circuit and/or discrete components. A bus strap may be placed on the top and/or the bottom of the mounting panel and a pin may be inserted through the mounting panel making contact to the respective bus to provide a connection point between the bus and the circuit terminals.