I'm sure you mean Lambda Expressions. Those are Small Functions you can write very quickly, and they have the characteristic "=>" Operator. These are a new Feature of C# 3.0.
This Example will be a classic Transformer; to use one we need a delegate to define the signature for the Lambda Function.
delegate int Transformer(int i);
Now Declare a Lambda with this delegate:
Transformer sqr = x => x * x;
We can use it like a normal function:
Console.WriteLine(sqr(3)); //9
These are used in LINQ Queries a lot, for example to Sort (Comparer), to Search through (Predicate).
The book "C# Pocket Reference" (apart from beign the best around in my opinion, has a very good part on Lambdas. (ISBN 978-0-596-51922-3 )