First we need to understand a couple basic terms. 1. Resistance, This is the opposition to flow of a DC voltage. Its measured in ohms and it does not change with frequency which means that there is no energy stored in the system being measured. 2. Impedance. This is used to describe reactive loads. This is measured in ohms as well but, its not quite as simple.
The DC resistance is ALWAYS lower that the impedance for speakers. it is usually about 75% of the impedance. An 8 ohm speaker will read DC resistance of about 6 ohms and a 4 ohm speaker will read somewhere around 3 ohms. In reality a speaker changes its impedance with frequency quite a bit. You have both mechanical and electrical things at work. A speaker out of an enclosure will always have its impedance peak at free air resonance. If you tap the cone of a speaker you will hear the free air resonance pitch. the impedance at the frequency can be as high as 20-40 ohms. impedance quickly drops below resonance. This is why its a good idea to filter out frequencies below resonance with your subs. a 4ohm system can drop to below 2 ohms below resonance which is not nice for your amps or your speakers.
Caution: Big ugly tech follows, Brain pain is possible!
With a resistive system any energy dissipated by the system is turned in to heat. With a reactive system, some energy is stored in the system. With inductive reactance (coils, chokes,Etc.) energy is stored as magnetic flux. in series, It increases as frequency increases. With Capacitive reactance, Energy is stored as static electricity and when in series, it decreases with frequency. Impedance is the equivalent resistance at a given frequency or in the case of speaker its the average resistance over the range used. Reactance is usually described in the form of XXohms plus or minus XXj. The first part tells you the resistive part of the impedance and the second part tells you about the part that stores energy. a speakers reactance might be 6ohms-2j.
Speakers are also subject to interaction with the enclosure. The enclosure can change the resonant frequency of the speaker and can also change the Q or the sharpness of the peak. In some cases the enclosure can cause a second peak to occur. Horn loaded speaker often have higher impedances than the rated impedance of the driver because of the mechanical loading of the driver.
I hope I haven't hurt anybodies brain too much
Archie