Since the discovery of the giant magnetoresistance (GMR) effect in magnetic multilayers in 1988, a new branch of physics and technology, called spin-electronics or spintronics, has emerged, where the flow of electrical charge as well as the flow of electron spin, the so-called "spin current", are manipulated and controlled together. Recent progress in the physics of magnetism and the application of spin current has progressed in tandem with the nanofabrication technology of magnetsand the engineering of interfaces and thin films. This book is intended to provide an introduction and guide to the new physics and applications of spin current. The emphasis is placed on the interaction between spin and charge currents in magnetic nanostructures.