Magnetoencephalography (MEG) is a valuable non-invasive neurophysiology technique for investigation of brain function and dysfunction. In this chapter, we will discuss the main characteristics of MEG signals, and the great potential it offers for scientific interrogation in psychology, cognitive neuroscience, neurology, and neuropsychiatry. Starting from the physical properties of MEG recordings, the chapter will highlight the main advantages of utilizing MEG in neuroscience (that is a combination of very high temporal resolution and good spatial resolution) and will summarize the current status of MEG in research and clinical settings. To make this topic more relatable to widely available electroencephalography (EEG), we will present several comparisons of MEG with EEG. The objective of the present chapter is to provide a broad overview of the principle concepts and strengths of MEG, aimed at newcomers to the field.