Chemical substances that dissolve in water or react with water to release ions are known as

The answer is electrolytes. Strong electrolytes like strong acids, strong bases and salts dissociate completely into ions when dissolved and no neutral molecules are present in their solution. Weak electrolytes like weak acids and weak bases do not completely ionize in water and some neutral molecules are present in their solution, while nonelectrolytes do not dissociate into ions when in solution at all.