Impedance at resonance refers to the total opposition a circuit presents to the flow of alternating current (AC) at the resonant frequency, where inductive and capacitive reactances cancel each other out. This phenomenon is crucial in both series and parallel resonance circuits, as it determines how effectively the circuit can allow current to flow at this specific frequency. At resonance, the impedance is minimized in series circuits and maximized in parallel circuits, leading to distinctive behaviors in energy transfer and circuit efficiency.