Intravenous (IV) therapy involves infusing liquid substances directly into the vein. It is used to replace fluids and electrolytes, maintain fluid balance, administer medications and blood products, provide nutrition, and monitor cardiac function. There are several types of IV fluids including isotonic, hypotonic, and hypertonic solutions which move fluid in and out of cells differently based on their concentrations. Isotonic solutions like 0.9% saline maintain fluid balance, while hypotonic solutions hydrate cells and hypertonic solutions draw fluid out of cells. Nurses must carefully monitor patients for complications like fluid overload when administering IV fluids and therapies.