This is known as the Brønsted-Lowry theory of acids and bases.
Here's a breakdown:
* Brønsted-Lowry acid: A substance that donates a proton (H+).
* Brønsted-Lowry base: A substance that accepts a proton (H+).
This theory expanded upon the earlier Arrhenius theory of acids and bases, which defined acids as substances that produce hydrogen ions (H+) in solution, and bases as substances that produce hydroxide ions (OH-) in solution.