A wood stain consists of a colorant suspended or dissolved in a 'vehicle' or solvent

Solvent

A solvent is a liquid, solid, or gas that dissolves another solid, liquid, or gaseous solute, resulting in a solution that is soluble in a certain volume of solvent at a specified temperature...

. The suspension agent can be water, alcohol, petroleum distillate, or the actual finishing agent (shellac, lacquer, varnish, polyurethane, etc.). Colored or 'stained' finishes, like polyurethane

Polyurethane

A polyurethane is any polymer composed of a chain of organic units joined by carbamate links. Polyurethane polymers are formed through step-growth polymerization, by reacting a monomer with another monomer in the presence of a catalyst.Polyurethanes are...

, do not penetrate the pores of the wood to any significant degree and will disappear when the finish itself deteriorates or is removed intentionally.

Two types of colourants are used, pigments and dyes.