Abstract: There is provided terminal electrodes and methods of manufacture thereof which overcome the drawbacks of the prior art multilayer ceramic capacitor, namely, thickened terminal electrodes and size variation (low size precision) thereof. A ceramic main body (11) is provided with internal electrodes (12) therein, and terminal electrodes (13) on a front and a rear sides, and at least one of adjacent four sides. The terminal electrode (13) is formed as a three-layer structure consisting of a first external electrode layer (14) of metal highly adhesive to ceramic, a second external electrode layer (15) of metal having solderability, and a third external electrode layer (16) of metal having solder wettability. The three-layer structure of the terminal electrode is approximately 1 to 3 .mu.m thick.