Recent advances in radar remote sensing of precipitation include the development of polarimetric radar, which has the capability of transmitting in both the horizontal ( H) and vertical ( V) polarization states, thus providing additional information on the target precipitation particles. Radar polarimetry has not only been proven to improve data quality and precipitation estimation, but also improves characterization of precipitation particles; thus it has great potential in weather monitoring and forecasting. Realizing the potential of this state-of-the-art technology, meteorological departments across the world are upgrading their radar networks to polarimetric capabilities. Commensurate with this new era in precipitation remote sensing, this article provides an overview of polarimetric radar measurements, emphasizing the intrinsic signatures and their association to precipitation particle shapes, sizes and distributions. The potential research and applications of polarimetric radar signatures in meteorology are discussed. A considerable number of recent peer reviewed journal articles dealing with the topic are included in the bibliography.