Rate constants are numerical values that indicate the speed of a chemical reaction, reflecting how quickly reactants are converted into products. They are central to understanding both the binding equilibria and kinetics of reactions, as they determine the rate at which changes occur in concentration over time. The rate constant is influenced by factors like temperature, concentration, and the presence of catalysts, making it a crucial parameter in predicting reaction dynamics.
congrats on reading the definition of rate constants. now let's actually learn it.