Oxidation and reduction processes, often referred to as redox reactions, involve the transfer of electrons between chemical species, leading to changes in their oxidation states. In these processes, oxidation refers to the loss of electrons or an increase in oxidation state, while reduction refers to the gain of electrons or a decrease in oxidation state. These reactions are fundamental to various synthetic methods in inorganic chemistry, as they can dictate the formation of new compounds and the reactivity of elements.