Quasar
A quasi-stellar radio source ("quasar") is a very energetic and distant active galactic nucleus. Quasars are extremely luminous and were first identified as being high redshift sources of electromagnetic energy, including radio waves and visible light, that were point-like, similar to stars, rather than extended sources similar to galaxies.
While the nature of these objects was controversial until as recently as the early 1980s, there is now a scientific consensus that a quasar is a compact region in the center of a massive galaxy surrounding its central supermassive black hole. Its size is 10–10,000 times the Schwarzschild radius of the black hole. The quasar is powered by an accretion disc around the black hole.
Read more about Quasar: Overview, Properties, Emission Generation, History of Observation, Role in Celestial Reference Systems, Multiple Quasars