This document discusses buffer solutions and their properties. It begins by defining a buffer as a solution that resists changes in pH when small amounts of acid or base are added. It then describes the common types of buffer solutions and illustrates buffer action using acetic acid/sodium acetate as an example. The mechanism and function of acidic and basic buffers is explained. It also covers the Henderson-Hasselbalch equation for calculating buffer pH, buffer capacity, and important buffer systems in pharmaceutical and biological contexts like the bicarbonate buffer system in blood.