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and also it looks like for items "Health Recovery" can only go up to 100, but "%Health Recovery" can go way beyond that..................................
That's "properties". There are too many to describe here. To find out details, click the "?" at the top right corner on the window,
and then click on any item in the window to get more help.
All stat inflictions cause the victim to receive that status effect. If you go to the status effects tab in the database, you can see what each effect does. Poison inflicts damage over time, delay ...well, delays, etc...