This document discusses different types and classifications of corrosion. It summarizes that corrosion can be classified as wet corrosion, which occurs in the presence of a liquid like water, or dry corrosion, which occurs in the absence of a liquid. Wet corrosion is further divided into chemical reactions that occur between a metal and the atmosphere in the presence of water or other electrolytes. The document also discusses various factors that affect corrosion rates like temperature, velocity, concentration of corrosive medium, and galvanic coupling of dissimilar metals.