Plasma is an electrically conducting medium in which there are roughly equal numbers of positively and negatively charged particles, produced when the atoms in a gas become ionized. It is sometimes referred to as the fourth state of matter, distinct from the solid, liquid, and gaseous states.

The negative charge is usually carried by electrons, each of which has one unit of negative charge. The positive charge is typically carried by atoms or molecules that are missing those same electrons. In some rare but interesting cases, electrons missing from one type of atom or molecule become attached to another component, resulting in a plasma containing both positive and negative ions. The most extreme case of this type occurs when small but macroscopic dust particles become charged in a state referred to as a dusty plasma. The uniqueness of the plasma state is due to the importance of electric and magnetic forces that act on a plasma in addition to such forces as gravity that affect all forms of matter. Since these electromagnetic forces can act at large distances, a plasma will act collectively much like a fluid even when the particles seldom collide with one another.

Nearly all the visible matter in the universe exists in the plasma state, occurring predominantly in this form in the Sun and stars and in interplanetary and interstellar space. Auroras, lightning, and welding arcs are also plasmas; plasmas exist in neon and fluorescent tubes, in the crystal structure of metallic solids, and in many other phenomena and objects. The Earth itself is immersed in a tenuous plasma called the solar wind and is surrounded by a dense plasma called the ionosphere.

A plasma may be produced in the laboratory by heating a gas to an extremely high temperature, which causes such vigorous collisions between its atoms and molecules that electrons are ripped free, yielding the requisite electrons and ions. A similar process occurs inside stars. In space the dominant plasma formation process is photoionization, wherein photons from sunlight or starlight are absorbed by an existing gas, causing electrons to be emitted. Since the Sun and stars shine continuously, virtually all the matter becomes ionized in such cases, and the plasma is said to be fully ionized. This need not be the case, however, for a plasma may be only partially ionized. A completely ionized hydrogen plasma, consisting solely of electrons and protons (hydrogen nuclei), is the most elementary plasma.