Thermodynamic and structural parameters were measured for brewers' yeast tRNAPhe in solution in the range of 0.1-0.9 M monovalent salt (with and without 1 mM MgCl2), pH 7.0, by small-angle neutron scattering. Partial specific volumes and preferential interaction parameters were found to be similar to corresponding values measured by more conventional means in DNA [Eisenberg, H. (1981) Q. Rev. Biophys. 14, 141-172]. There is no evidence of a large conformational change in tRNAPhe in this range, and the molecule has a radius of gyration that is the same as that calculated from the crystal-structure coordinates (23 A). Transfer RNA in solution is made up of polyion tRNA76- and 76 positive monovalent ions (in absence of Mg2+). The data show the polyion to be surrounded by a shell of solvent that is significantly denser than bulk, whose structure depends on salt conditions. In 0.1 M NaCl, it has an excess mass of approximately 85 molecules of water. This would be accounted for, for example, by approximately 850 molecules of water if their density were 10% higher than that for bulk. The radius of gyration of the dense shell is approximately 30 A for NatRNA and approximately 35 A for KtRNA. The present study shows that the solvent around tRNA is a component of its structure that must be taken into account in understanding its function.