1. A set is a collection of distinct objects or elements that have some common property. Sets are represented using curly braces and capital letters. Elements within a set should not be repeated.
2. There are two main methods to define a set - the roster method which lists all elements, and the set builder method which describes the property defining membership.
3. There are several types of sets including finite sets with a set number of elements, infinite sets, singleton sets with one element, empty sets with no elements, equal sets with the same elements, and subsets which are sets within other sets.