What is electrode potential?

Explanation

**Step-by-Step Solution:**

1. **Definition of Electrode Potential:**
- Electrode potential refers to the potential difference between a metal electrode and the surrounding electrolytic solution. It is a measure of the tendency of the electrode to either gain or lose electrons when in contact with the electrolyte.

2. **Understanding the Setup:**
- Imagine a container that holds an electrolytic solution with a metal electrode immersed in it. The metal electrode can either release electrons into the solution or accept electrons from it.

...