In this tutorial review we consider the role of phosphorus and its compounds within the context of chemical evolution in galaxies. Following an interdisciplinary approach we first discuss the position of P among the main biogenic elements by considering its relevance in most essential biochemical functions as well as its peculiar chemistry under different physicochemical conditions. Then we review the phosphorus distribution in different cosmic sites, such as terrestrial planets, interplanetary dust particles, cometary dust, planetary atmospheres and the interstellar medium (ISM). In this way we realize that this element is both scarce and ubiquitous in the universe. These features can be related to the complex nucleosynthesis of P nuclide in the cores of massive stars under explosive conditions favouring a wide distribution of this element through the ISM, where it would be ready to react with other available atoms. A general tendency towards more oxidized phosphorus compounds is clearly appreciated as chemical evolution proceeds from circumstellar and ISM materials to protoplanetary and planetary condensed matter phases. To conclude we discuss some possible routes allowing for the incorporation of phosphorus compounds of prebiotic interest during the earlier stages of solar system formation.