A quadrilateral is a four-sided polygon with four angles. There are different kinds of quadrilaterals including parallelograms, rectangles, squares, rhombi, kites, and trapezoids. Each kind has distinct properties - for example, a parallelogram has opposite sides that are parallel and opposite angles that are equal, while a rectangle has four right angles and diagonals that bisect each other. The document also discusses the mid-point theorem, which states that the segment joining the midpoints of two sides of a triangle is parallel to the third side and half its length.