Function generators are electronic test equipment that generate common waveforms like sine, square, and triangular waves over a wide frequency range. They are used to test and develop electronic equipment. Simple function generators generate waveforms by charging and discharging a capacitor with a constant current source, while more advanced arbitrary waveform generators can produce any digitally defined shape using direct digital synthesis techniques. Function generators provide important features like continuous tuning over a broad frequency band, modulation capabilities, and the ability to sweep output frequencies.