Oxidation: A process in which the oxidation state of an atom or ion increases by losing electrons.
The Zn atom loses two electrons to form Zn2+ ion.
Oxidation half: Zn → Zn2+ + 2e-
Reduction: A process in which the oxidation state of an atom or ion decreases by gaining electrons.
The Cu2+ ion gains two electrons to form a Cu atom.
Reduction half: Cu2+ + 2e- → Cu