(1) Standard electrode potential : It is defined as the difference of electrical potential between metal electrode and the solution around it equilibrium when all the substances involved in the electrode reaction are in their standard states of unit activity or concentration at constant temperature.
(2) Standard oxidation potential : It is defined as the difference of electrical potential between metal electrode and the solution around it at equilibrium due to oxidation reaction, when all the substances involved in the oxidation reaction are in their standard states of unit activity or concentration at constant temperature.
(3) Standard reduction potential : It is defined as the difference of electrical potential between metal electrode and the solution around it at equilibrium due to reduction reaction, when all the substances involved in the reduction reaction are in their standard states of unit activity or concentration at constant temperature.