- The document discusses one-shot entanglement theory, which considers manipulating entanglement without assuming many identical copies or an i.i.d. setting. This generalizes the traditional asymptotic i.i.d. entanglement theory. - For pure states, the one-shot distillable entanglement is characterized by the smoothed min-entropy of the reduced state. The one-shot entanglement cost is characterized by the smoothed max-entropy. - For mixed states, the one-shot results involve smoothed min- and max-entropies as well as smoothed relative entropies. These generalize the corresponding quantities in the asymptotic i.i.d. setting, providing a one-to-one correspondence between the two frameworks.