Features are the individual properties of a knowledge component (KC) that determine the retrieval conditions of that KC. Sometimesfeatures are relatively directly perceivable (seen or heard). In the language literature, such features are called cues (ref?). Sometimes the relevant features of a knowledge component require more complex inference to be detected by the student. For example, Chi, Feltovich, and Glaser distinguish between shallow features of physics problems, like pulley system or inclined plane, that are irrelevant to correct problem solving (i.e., KC application) and deep features, like conservation of energy, that are relevant to accessing correct knowledge components.
A number of projects provide some good examples of KC feature analysis including Julie Booth's in Algebra and Amy Ogan's in French. In both, much of the instructional design is focused on helping students to learn the relevant deep features (e.g., a term that includes a number and it's positive or negative sign) and distinguish them from irrelevant shallow features (e.g., a number without it's sign).