What is it?
For positive terms: if and converges, so does . The limit version: if , both series behave the same. In practice, compare with geometric or -series.
Formulas
Where it shows up in computing
Bounding a messy cost sum by a simpler one is exactly how asymptotic bounds are proved.
Where is it used?
Computing topics reachable from here, through the chain of ideas that leads to them:
What depends on it
This page has the essentials. A fuller treatment (intuition, formal definition, worked example) is on the way.