A feedback loop is a wire that carries a circuit's output back to its own input, directly or through other gates. Follow the signal and you come back to where you started.
Feedback is what separates the two big families of circuits:
- A combinational circuit has no loops. Signals flow one way, inputs to outputs, so the outputs depend only on the present inputs.
- A sequential circuit uses feedback. The output helps decide itself, so the circuit can hold on to a value: it has memory.
The classic example is two cross-coupled NOR gates, the sr latch. Each gate's output feeds the other's input. Once the loop settles into a state, it keeps it after the inputs return to rest. That's one stored bit, and every latch, flip flop and register is built on the same idea.
Not every loop stores a bit. A single inverter (or any odd number of inverters) wired in a ring can never settle: the value chases itself round and the circuit oscillates.
So when you analyze a schematic, look for loops first. If you find one, a truth table alone won't describe the circuit.