A trie is a tree-like data structure that stores strings and words by structuring nodes to represent letters. Each node contains branches for the letters of the alphabet, allowing words to be retrieved by traversing down the branches. Tries are efficient for storing and retrieving sets of words because no hash function is needed, unlike hash tables, though tries use more memory due to empty nodes. Common uses of tries include phone books, search engines, dictionaries, linguistics, and programming command completion.