Nitrous oxide is a chemical compound

Chemical compound

A chemical compound is a pure chemical substance consisting of two or more different chemical elements that can be separated into simpler substances by chemical reactions. Chemical compounds have a unique and defined chemical structure; they consist of a fixed ratio of atoms that are held together...

 used as an oxidizing agent

Oxidizing agent

An oxidizing agent can be defined as a substance that removes electrons from another reactant in a redox chemical reaction...

 to increase an internal combustion engine

Internal combustion engine

The internal combustion engine is an engine in which the combustion of a fuel occurs with an oxidizer in a combustion chamber. In an internal combustion engine, the expansion of the high-temperature and high -pressure gases produced by combustion apply direct force to some component of the engine...

's power output by allowing more fuel

Fuel

Fuel is any material that stores energy that can later be extracted to perform mechanical work in a controlled manner. Most fuels used by humans undergo combustion, a redox reaction in which a combustible substance releases energy after it ignites and reacts with the oxygen in the air...

 to be burned than would normally be the case.
Nitrous is often used as an abbreviation for nitrous oxide, also referred to as NOS. The term NOS is derived from the initials of the company name Nitrous Oxide Systems, one of the pioneering companies in the development of nitrous oxide injection systems for automotive performance use.
When nitrous oxide decomposes, a single mole

Mole (unit)

The mole is a unit of measurement used in chemistry to express amounts of a chemical substance, defined as an amount of a substance that contains as many elementary entities as there are atoms in 12 grams of pure carbon-12 , the isotope of carbon with atomic weight 12. This corresponds to a value...

 will release 1/2 mole of oxygen gas, allowing an oxygen saturation of 33% to be reached.