"A choke is designed specifically for blocking higher-frequency alternating current (AC) in an electrical circuit, while allowing lower frequency or DC current to pass. It usually consists of a coil of insulated wire often wound on a magnetic core, although some consist of a donut-shaped 'bead' of ferrite material strung on a wire. Like other inductors, chokes resist changes to the current passing through them, and so alternating currents of higher frequency, which reverse direction rapidly, are resisted more than currents of lower frequency; the choke's impedance increases with frequency. Its low electrical resistance allows both AC and DC to pass with little power loss, but it can limit the amount of AC passing through it due to its reactance."
From http://en.wikipedia.org/wiki/Inductor