Equilibria refers to the state in a chemical reaction where the concentrations of reactants and products have become constant due to a balance in their rates of reaction.
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Equilibrium Constant (K): This is a number that expresses the relationship between the amounts of products and reactants present at equilibrium in a reversible chemical reaction at a given temperature.
Reversible Reaction: A chemical reaction where the reactants form products that, in turn, can react together to give back the reactants.
Closed System: A system which neither matter nor energy can enter or leave. The condition for chemical equilibrium.