Wave motion transfers energy from one place to another. There are two main types of waves: transverse waves where particles oscillate perpendicular to the wave direction, and longitudinal waves where particles oscillate parallel to the wave direction. Key wave properties include amplitude, wavelength, frequency, and phase. Waves can undergo various interactions including reflection, refraction, diffraction, interference, and superposition. Interference of waves leads to constructive and destructive interference patterns. Standing waves occur due to interference of waves traveling in opposite directions.