Syntheses, properties, and reactivities of nucleophilic phosphinidene complexes [L(n)M=P-R] are reviewed. Emphasis is placed on the electronic tuning of this emerging class of phosphorus reagents, using different ancillary ligands and coordinatively unsaturated transition-metal moieties. The difference in applicability of the established stable 18-electron and transient 16-electron phosphinidenes is addressed.