The Cannizzaro reaction is a chemical reaction discovered by Italian chemist Stanislao Cannizzaro in 1853. It involves the disproportionation of an aldehyde in the presence of a strong base. One aldehyde molecule is oxidized to the corresponding carboxylic acid, while another is reduced to the alcohol. The reaction allows the conversion of aldehydes lacking an alpha hydrogen to the corresponding acid and alcohol. It has various applications in organic synthesis and is an important reaction in chemistry.