Threatened species lists are designed primarily to provide an easily understood qualitative estimate of risk of extinction. Although these estimates of risk can be accurate, the lists have inevitably become linked to several decision-making processes. There are four ways in which such lists are commonly used: to set priorities for resource allocation for species recovery; to inform reserve system design; to constrain development and exploitation; and to report on the state of the environment. The lists were not designed for any one of these purposes, and consequently perform some of them poorly. We discuss why, if and how they should be used to achieve these purposes.Governments and nongovernmental organizations produce threatened species lists for three main reasons: (1) to assess potentially adverse impacts on species; (2) to help inform conservation priorities, including reserve system design; or (3) as a component of State of the Environment Reports [1]. Moreover, in many countries there is a direct connection between threatened species lists and legislation (e.g. the Convention on International Trade in Endangered Species [2] and the US Endangered Species Act), leading to political and social considerations in the listing protocol. The ideal characteristics of these lists, and the protocols for generating them, will depend on the specific objectives. Regardless of who generated the list, there are three classes of user group: the public, governments and conservation organizations. All protocols result in an assessment of threat, couched in words that reflect the probability of decline or loss of a taxon at different regional scales [3]. Some are designed to apply within a local region or state [4][5][6], whereas others have national [7][8][9], or international status [10,11], or are used at multiple political scales [12][13][14]. Some have also been developed for specific taxonomic groups [15][16][17]. These protocols share many attributes and use similar information, such as population size, extent, number of populations and trends in at least some of these variables.Because of the variety of objectives and users, the interpretation of lists is variable, and most are used for more than one purpose, regardless of their original intent. Here, we critically assess four ways in which threatened species lists are commonly used. We argue that they are used for purposes beyond their original intent; furthermore, they perform some of these uses poorly. The protocols used to generate lists differ in the extent to which they consider management variables, taxonomic status, recoverability and assessments of past or future trends. In addition, they employ different logical systems to interpret data, treat missing data differently, and apply different weights to the variables. As a result, the level of correspondence among classifications resulting from different methods can be low, even when using the same data [18]. Given the widespread use of such lists to allocate scarce conservation resources, before app...