All amplifiers have a maximum and minimum output voltage, if this is exceeded then the amplifier should output dc (a constant voltage) until the signal comes back into range. So if you imagine a sine wave with the top and bottom cut off then that is what an ideal amplifier will produce when clipping (I'm talking solid state, valve amp distortion is more benign). A good designer will ensure an amplifier will enter and exit clipping in a controlled way (without oscillation etc.) although this is not always the case.
When designing an amplifier you can specify the maximum voltage and gain but you don't know what the level of the input signal will be. So if you take a consumer amplifier and provide a high level signal (most DACs put out a signal far higher than the nominal consumer level of +-0.447V) then the amplifier is in danger of clipping.
There are ways of limiting the gain at the extremes to try to avoid clipping but these distort the signal close to maximum output. Probably the best approach is some sort of warning light a red light or VU meter however they are rarely used in modern equipment.
When designing an amplifier you can specify the maximum voltage and gain but you don't know what the level of the input signal will be. So if you take a consumer amplifier and provide a high level signal (most DACs put out a signal far higher than the nominal consumer level of +-0.447V) then the amplifier is in danger of clipping.
There are ways of limiting the gain at the extremes to try to avoid clipping but these distort the signal close to maximum output. Probably the best approach is some sort of warning light a red light or VU meter however they are rarely used in modern equipment.