1) Phase refers to the position of a wave within its oscillation cycle and is represented by the term inside the brackets of a sinusoidal wave equation. 2) The phase difference between two waves is the difference between their phases and can be calculated by subtracting the phases. 3) Waves are in phase or undergo constructive interference when their phase difference is an even multiple of pi, and they are out of phase or undergo destructive interference when their phase difference is an odd multiple of pi.