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Linearly polarized light entering a half-wave plate can be resolved into two waves, parallel and perpendicular to the optic axis of the waveplate. In the plate, the parallel wave propagates slightly slower than the perpendicular one. At the far side of the plate, the parallel wave is exactly half of a wavelength delayed relative to the perpendicular wave, and the resulting combination is a mirror-image of the entry polarization state (relative to the optic axis).]]

A waveplate or retarder is an optical device that alters the polarization state of a light wave travelling through it. Two common types of waveplates are the half-wave plate, which rotates the polarization direction of linearly polarized light, and the quarter-wave plate, which converts between different elliptical polarizations (such as the special case of converting from linearly polarized light to circularly polarized light and vice versa.)

Waveplates are constructed out of a birefringent material (such as quartz or mica, or even plastic), for which the index of refraction is different for light that is linearly polarized along one or the other of two certain perpendicular crystal axes. The behavior of a waveplate (that is, whether it is a half-wave plate, a quarter-wave plate, etc.) depends on the thickness of the crystal, the wavelength of light, and the variation of the index of refraction. By appropriate choice of the relationship between these parameters, it is possible to introduce a controlled phase shift between the two polarization components of a light wave, thereby altering its polarization. can be manufactured such that the spectral response of its phase retardance can be nearly flat.

A common use of waveplates—particularly the sensitive-tint (full-wave) and quarter-wave plates—is in optical mineralogy. Addition of plates between the polarizers of a petrographic microscope makes the optical identification of minerals in thin sections of rocks easier, This gives rise to this plate's alternative names, the sensitive-tint plate or (less commonly) red-tint plate. These plates are widely used in mineralogy to aid in identification of minerals in thin sections of rocks.

Multiple-order vs. zero-order waveplates

A multiple-order waveplate is made from a single birefringent crystal that produces an integer multiple of the rated retardance (for example, a multiple-order half-wave plate may have an absolute retardance of . By contrast, a zero-order waveplate produces exactly the specified retardance. This can be accomplished by combining two multiple-order wave plates such that the difference in their retardances yields the net (true) retardance of the waveplate. Zero-order waveplates are less sensitive to temperature and wavelength shifts, but are more expensive than multiple-order ones.

Stacking a series of different-order waveplates with polarization filters between them yields a Lyot filter. Either the filters can be rotated, or the waveplates can be replaced with liquid crystal layers, to obtain a widely tunable pass band in optical transmission spectrum.

Use in mineralogy and optical petrology

thumb|Thin crystalline film of [[caesium chloride photographed using a petrographic microscope]]

The sensitive-tint (full-wave) and quarter-wave plates are widely used in the field of optical mineralogy. Addition of plates between the polarizers of a petrographic microscope makes easier the optical identification of minerals in thin sections of rocks,