Material characterization plays an important role in many applications that are called as security, military, communication, bioengineering, medical treatment, food industry, and material processing, since it is useful to identify other properties such as stress-strain relation, bio content, moisture content, materials density, etc. Therefore, the dielectric properties of materials should be achieved with high accuracy using appropriate measurement techniques and extraction techniques. There are many measurement methods to obtain the dielectric properties of materials, which can be divided into two categories: up conversion and down conversion methods. A microwave measurement method can be called as frequency up conversion, while THz time-domain spectroscopy (THz-TDS) system is a frequency down conversion method. The selection of more convenient measurement method depends on some parameters such as frequency range, material phase, and temperature. In this chapter, the measurement methods and extraction techniques will be discussed, and alternative ways will be presented with experimental and simulation results.