The Transition Metals Oxidation States Transition metals may have more than one oxidation state in their compounds. Iron oxidation states of (II) and (III). Copper is usually in oxidation state (II) but can have an oxidation number of +1 in Cu2O. Common Oxidation States Common Oxidation States OIL - Oxidation is a loss of electrons This can also be also shown as an increase in the oxidation number of the transition metal. RIG - Reduction is a gain of electrons This can also be shown as a decrease in the oxidation number of the transition metal. Ligands Ligands are electron donors which are usually negative ions or molecules that have one or more non-bonding (lone) pairs of electrons. When these ligands surround a central transition metal ion they form a transition metal complex often called a coordination compound. Monodentate Ligands Bidentate Ligands Polydentate Ligands