O utcomes of multifetal pregnancy in prenatal life are markedly affected by chorionicity. Several disease processes are found in monochorionic (MC) twins that do not occur in dichorionic (DC) twins. Improvements in prenatal outcomes will depend on reliable first trimester diagnosis of chorionicity, allowing early monitoring for complications of MC placentation. Particular structures and functions of MC twin placentas affect outcomes and can be targeted for specific treatments, especially in twin-twin transfusion. The causes of severe DC twin fetal growth discordance are clarified. In post-natal life, zygosity is a determining effect in genetic predisposition to many chronic diseases, including neoplasia. Few MC twins know that they are monozygotic (MZ). Few twin researchers realize that MZ twins may be genetically discordant. Abandonment of the word "identical" for MZ twins would assist in clarifying these issues of zygosity, concordance and discordance.Chorionicity (C) and zygosity (Z) are closely related. For optimal prenatal care of twins, knowledge of C is paramount. Unfortunately, it is not universally available. In addition, secure knowledge of Z is important in several aspects of life-long health care in twins. Finally, information on C and Z is important to twin researchers, but often is unavailable or incorrect. Matters are not infrequently compounded by the fact that most people (including twin researchers) fail to realize that MZ twins are not necessarily (or possibly ever) genetically identical (Keith & Machin, 1997). Similarly, the fact that they have occupied the same womb does not guarantee that they have experienced the same environmental events (Machin & Keith, 1999). Whereas this paper is primarily about the subject of placentation, the issue of Z must always remain in the background. To the extent that there are any simple rules about Z and C, they are as follows: 1) unlike-sexed twins are usually DZ (exception: 46,XY/45,X MZ twins; Schmid et al., 2000); 2) MC twins are usually MZ (only one known exception; Bieber et al., 1983); 3) Like-sexed (LS) DC twins may be MZ or DZ; 4) Whereas DZ twins are always DC, MZ twins may be DC or MC; however, the majority are MC. MZ twins can have either MC or DC placentation.The first axiom of understanding placentation in twins is the recognition that the MC placenta, whether DA or MA, mimics the structure of a singleton placenta and was designed to function as such. Because it never was 2 placentas that subsequently fused, it is not surprising that most of the adverse outcomes in MC twins result from the structure of their MC placenta per se. Whereas both types of twin pregnancies (MZ and DZ) have risks of "common denominator" disorders such as pre-eclampsia, pre-term labor and PROM, DC twins constitute relatively low-risk pregnancies compared with MC twins. If the diagnosis of MC twins is not made with certainty in the first trimester, most of the special complications of MC placentation will already be at an advanced stage by the time of dating ultrasound ...