PHP is a server-side scripting language commonly used for web development. It allows developers to write scripts that can output dynamic web page content, collect form data, store and retrieve data in databases, and send emails. PHP scripts can be embedded within HTML pages or outputted directly. Key PHP features include variables, conditional statements, loops, functions, and arrays which allow complex tasks to be broken down into simple steps. PHP scripts can connect to databases like MySQL to dynamically display, insert, and update data in databases.