Stability constants (k) refer to numerical values that quantify the stability of a complex formed between a metal ion and a ligand in solution. These constants indicate the tendency of a metal-ligand complex to remain intact versus dissociating back into its components, thereby providing insight into the strength of the interaction between the acid and base as described in the Hard-Soft Acid-Base (HSAB) Theory. A higher stability constant signifies a more stable complex, which often influences reactivity and selectivity in chemical reactions.