Deary deary me......
Hi LtMcClane,
I will try to explain for you.., one concept you NEED to understand, is that when you are measuring voltage, what are you ACTUALLY measuring?? Answer; The "potential difference" [difference in potential] between the two points where you are taking your readings
Now, BOTH "live" [it is properly called "line" or "phase"] and the neutral, are BOTH, yes BOTH, "live conductors" Make no mistake about this at all.
The line and the neutral "take turns" with their polarity. At one moment "line" is positive, and "neutral" is negative, and then, a short time later, they swap around, and "line" is now negative, and "neutral" is now positive. Each "swap" and back, is termed one cycle, and there are 50 cycles a second as you know. [so the polarity changes 100 times a second]
So, at one moment in time, the power comes up the "line" and returns down the "neutral" and then, at the next moment, it changes around, and the power comes up the "NEUTRAL" and returns down the "line" .It alternates to and fro, this is why it is called alternating power.
Now, why then do you not get a shock from the neutral then???
Well, the answer to this, is that at the transformer that powers your house, [and at the power station that powers the transformer] the neutral is connected to earth, literally to the earth, by means of a spike or similar banged into the ground. This is ALSO what the mains cable earth conductor is connected to, or, in the case of TNCS, the combined neutral/earth conductor.
So, if you connect your meter between earth and neutral, just because the reading is 0V [or close to this] does NOT mean the neutral is not "live" IT IS, 50 times a second, but the reason your meter stays on 0V [and you do not get a shock if you stick your finger in the neutral] is because the neutral is connected to earth at the "other" end of the cable, the power station end if you like, and so, THERE IS NO "POTENTIAL DIFFERENCE" BETWEEN THE TWO.
To put things in simple terms, [terminology is wrong, but i am trying to help you understand here] imagine if you connected a large square metal plate to the "Live" in your house and then jumped onto it. Then imagine you grabbed hold of the "live" wire connected to the plate with your hand. Would you receive a shock?? NO, because there would be no "potential difference" between the plate you are standing on, and the live wire you are holding, there cannot be, they are connected together.
So it is with the earth conductor and the neutral....
john