Feature is general term used for representing literally all physical portion of a part. In engineering drawing or CAD drawing, feature is termed for the cuts, protrusions, rounds, fillets etc. In general every surface (curved or flat) of a engineering or CAD drawing is termed as a feature.

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The above drawing of the plate with hole in centre and a chamfer and a fillet has nine features. How? Four sides, one fillet, one chamfer, one cylindrical hole and top and bottom surfaces, total nine.