High Energy Continuum Spectra from X-Ray Binaries
  A variety of high energy (>1 keV) spectra have been observed in recent years from Black Hole (BH) and Neutron Star (NS) X-ray Binaries (XB). Some common physical components exist between BHXBs and NSXBs, resulting in some high energy spectral features. A common component between a BHXB and a weakly magnetized NSXB is the inner accretion disk region extending very close to the surface (for a NS) or the horizon (for a BH). The inner disk radiation can be described by a multi-color blackbody (MCB) spectral model. The surface radiation of the NS can be approximated by a Single Color Blackbody (SCB) spectrum. For a strongly magnetized NSXB, the high energy emission is from its magnetosphere, characterised by a thermal bremsstrahlung (TB) spectrum. In both BHXBs and weakly magnetized NSXBs, a hot electron cloud may exist, producing the hard X-ray power law (photon index -1.5 to -2.0) with thermal cutoff (50-200 keV). It has been recently proposed that a converging flow may be formed near the horizon of a BH, producing a softer power law (photon index about -2.5) without cutoff up to several hundred keV. Based on these concepts we also discuss possible ways to distinguish between BH and NS XBs. Finally we discuss briefly spectral state transitions in both BH and NS XBs. 
S.N. Zhang (USRA/Marshall Space Flight Center, Huntsville, AL)