HCl, or hydrochloric acid, is a strong acid that dissociates completely in water to form hydrogen ions (H+) and chloride ions (Cl-). In the context of the Brønsted-Lowry theory, HCl acts as a proton donor, while Cl- is its conjugate base, resulting from the deprotonation of HCl. This relationship illustrates how acids and bases can transform into one another through the transfer of protons.