1. Waves are disturbances that transfer energy through a medium. They do not transfer matter.
2. There are two main types of waves - transverse waves, where particles move perpendicular to the direction of wave motion, and longitudinal waves, where particles move parallel to the direction of wave motion.
3. Key properties of waves include reflection, where waves bounce off barriers at the same angle they hit; refraction, where waves change speed and direction as they move between different mediums; and interference, where overlapping waves can constructively or destructively interfere with each other.