Statistical description of nuclear break-up

We present an overview of concepts and results obtained with statistical models in study of nuclear multifragmentation. Conceptual differences between statistical and dynamical approaches, and selection of experimental observables for identification of these processes, are outlined. New and perspective developments, like inclusion of in-medium modifications of the properties of hot primary fragments, are discussed. We list important applications of statistical multifragmentation in other fields of research. PACS. 25.70.Pq , 24.60.-k , 21.65.+f