Dipole selection rules underpin much of our understanding in characterization of matter and its interaction with external radiation. However, there are several examples where these selection rules simply break down, for which a more sophisticated knowledge of matter becomes necessary. An example, which is increasingly becoming more fascinating, is macroscopic toroidization (density of toroidal dipoles), which is a direct consequence of retardation. In fact, dissimilar to the classical family of electric and magnetic multipoles, which are outcomes of the Taylor expansion of the electromagnetic potentials and sources, toroidal dipoles are obtained by the decomposition of the moment tensors. This review aims to discuss the fundamental and practical aspects of the toroidal multipolar moments in electrodynamics, from its emergence in the expansion set and the electromagnetic field associated with it, the unique characteristics of their interaction with external radiations and other moments, to the recent attempts to realize pronounced toroidal resonances in smart configurations of meta-molecules. Toroidal moments not only exhibit unique features in theory but also have promising technologically relevant applications, such as data storage, electromagnetic-induced transparency, unique magnetic responses and dichroism.