We shall discuss perspectives opened up by using polarized neutron reflecto
metry as an in situ technique to measure the magnetization of ultrathin fil
ms not covered by a protective layer. In order to demonstrate the advantage
of this method, Fe(110) films of a thickness of up to 20 Angstrom were pre
pared on V(110) single crystals. In neutron measurements the absolute value
of the magnetization of the films was determined precisely by a simple opt
ical model, by fitting the spin-up and spin-down reflectivities separately.
Additionally the measurements were compared with data obtained from magnet
o-optical Kerr magnetometry. Both techniques show that the magnetizations o
f the films are considerably reduced. [S0163-1829(99)12033-2].