What is the difference between ManualResetEvent and AutoResetEvent?

I have read the documentation on this and I think I understand. An AutoResetEvent resets when the code passes through event.WaitOne(), but a ManualResetEvent does not.

Is this correct?

Yes. It's like the difference between a tollbooth and a door. The ManualResetEvent is the door, which needs to be closed (reset) manually. The AutoResetEvent is a tollbooth, allowing one car to go by and automatically closing before the next one can get through.

Stack Overflow Q#153877, score: 999