Redox Reaction: An redox reaction is a reaction that involves the transfer of electrons between chemical species (the atoms, ions, or molecules involved in the reaction). Redox reactions are all around us: the burning of fuels, the corrosion of metals, and even the processes of photosynthesis and cellular respiration involve oxidation and reduction.
Oxidizing Agent: An oxidizing agent is a chemical species that tends to oxidize other substances, i.e. cause an increase in the oxidation state of the substance by making it lose electrons.
Reducing Agent: A reducing agent is one of the reactants of an oxidation-reduction reaction which reduces the other reactant by giving out electrons to the reactant.