Patent ID: 8004155

Claim:
A multi-layer piezoelectric element comprising a stack formed by stacking piezoelectric layers and internal electrodes alternately one on another and external electrodes formed on a first side face and on a second side face of the stack, one of the adjacent internal electrodes being connected to the external electrode formed on the first side face and the other internal electrode being connected to the external electrode formed on the second side face, wherein the internal electrodes and the external electrodes include silver, and wherein the proportions of silver in the internal electrodes and in the external electrodes are set so that the ratio of silver content X (% by weight) to the entire electrically conductive material included in the internal electrode and the ratio of silver content Y (% by weight) to the total weight of the electrically conductive material and glass included in the external electrodes satisfy conditions of X ≧85 and 0.9 ≦ X/Y ≦1.1.