Quasars or quasi-stellar radio sources are the most energetic and distant members of a class of objects called active galactic nuclei (AGN). 

Quasars are extremely luminous and were first identified as being high redshift sources of electromagnetic energy, including radio waves and visible light, that appeared to be similar to stars, rather than extended sources similar to galaxies. 


A Hubble space telescope image showing visible light of a quasar on the left  and on the right  with the light from the centre being blocked (using a coronagraph)  shows the more complex structure of the quasar object in infrared. image: hubblesite.org

Their spectra contain very broad emission lines, unlike any known from stars, hence the name "quasi-stellar." Their luminosity can be 100 times greater than that of the Milky Way. 

Most quasars were formed approximately 12 billion years ago, and they are normally caused by collisions of galaxies, with the galaxies' central black holes merging to form either a supermassive black hole or a binary black hole system.

Although the true nature of these objects was controversial until the early 1980s, there is now a scientific consensus that a quasar is a compact region in the center of a massive galaxy surrounding a central supermassive black hole

Its size is 10–10,000 times the Schwarzschild radius of the enclosed black hole. The energy emitted by a quasar derives from mass falling onto the accretion disc around the black hole.

source adapted from: Quasar. (2016, March 5). In Wikipedia, The Free Encyclopedia. Retrieved 06:56, March 17, 2016, from https://en.wikipedia.org/w/index.php?title=Quasar&oldid=708428201