Audio feedback or acoustic feedback, often referred to simply as "feedback", (also known as the Larsen effect after the Danish scientist, Søren Absalon Larsen, who first discovered its principles) is a special kind of positive feedback which occurs when a sound loop exists between an audio input (for example, a microphone or guitar pickup) and an audio output (for example, a loudspeaker). In this example, a signal received by the microphone is amplified and passed out of the loudspeaker. The sound from the loudspeaker can then be received by the microphone again, amplified further, and then passed out through the loudspeaker again. This re-amplification is an example of positive feedback. The frequency of the resulting sound is determined by resonance frequencies in the microphone, amplifier, and loudspeaker, the acoustics of the room, the directional pick-up and emission patterns of the microphone and loudspeaker, and the distance between them.
Read more about Audio Feedback: History and Theory