The function of leukocytes is regulated by the integration of positive and negative signals received through cell surface receptors. Inhibitory receptors can limit, terminate and/or attenuate immune responses, and maintain the homeostasis. There are three main identified groups of inhibitory receptors, including inhibitory MHC-recognized receptors, inhibitory Fc receptors and inhibitory receptors binding to B7 family members. Studies are beginning to reveal the categories, ligands, mechanisms and functions in diseases of these receptors. A better understanding of these inhibitory mechanisms will provide a foundation for therapeutically modulating these processes in antiviral immunity, anti-tumor responses and autoimmune diseases.