Hyponatremia, defined as serum sodium levels below 136 mmol/l, is a common electrolyte imbalance, especially in elderly patients, affecting 15% to 30% of hospitalized individuals. It can be classified by severity, onset rate, and serum osmolarity, with multiple potential causes and significant risk factors related to medications and aging. Management strategies vary based on severity and duration, emphasizing cautious correction to avoid complications like osmotic demyelination syndrome.