What are "Easy Plugs" Speaker Cable Terminations?

Hi, 

Just a quick question, as per the thread title; what are "Easy Plug" speaker cable terminations? 

I've recently bought a pair of Inakustik ICs (which I like very much) and have been looking at their speaker cables, which offer the option of Easy Plugs: what exactly are these, and how are they fitted to amp/speakers?

Do they just plug in to the hole in the binding posts you would normally insert bare wire?

Thanks very much 👍