This document provides a summary of key concepts in oxidation-reduction (redox) reactions:
1) Redox reactions involve the transfer of electrons between chemical species, either through the complete transfer of electrons to form ionic bonds, or partial transfer to form covalent bonds. Oxidation is the loss of electrons and reduction is the gain of electrons.
2) Redox pairs are couples of oxidized and reduced forms of elements that differ in their oxidation state. Common redox pairs include Fe3+/Fe2+, O2/H2O, and MnO4-/MnO2.
3) The standard electrode potential (E°) indicates the tendency of half-reactions to occur.