Lactone
A lactone is a cyclic ester in organic chemistry . It is the condensation product of an alcohol group and a carboxylic acid group in the same molecule. The most stable structure for lactones are the 5-membered lactones (gamma-lactone) and 6-membered lactones (delta-lactone), because of the minimal angle strain in the compounds' structure. Gamma-lactones are so stable that 4-hydroxy acids (R-CH(OH)-(CH2)2-COOH) are unstable in the presence of dilute acids at room temperature, immediately undergoing spontaneous esterification and cyclisation to the lactone. Beta-lactones do exist, but can only be made by special methods.

# Etymology
The name lactone derives from the ring compound called lactide, which is formed from the dehydration of 2-hydroxypropanoic acid (lactic acid) CH3-CH(OH)-COOH. Lactic acid, in turn, derives its name from its original isolation from soured milk (latin: lac, lactis). An internal dehydration within the same molecule of lactic acid would have produced a 3-membered lactone which is unstable.

# Nomenclature
Lactones are named by labelling the carbon atoms in the chain of the lactones' precursor compounds. The first carbon atom after the carbon in the -COOH group on the parent compound is labelled alpha, the second will be labelled beta and so forth. The lactone formed will be named after the carbon atom which is connected to the -OH (hydroxy) group that the -COOH group reacts with, and this will determine the prefix of the lactone. The prefixes also indicate the ring size: beta-lactone (4-membered), gamma-lactone (5-membered), delta-lactone (6-membered ring).

# Synthesis
Many methods in ester synthesis can also be applied to that of lactones. In one industrial synthesis of oxandrolone the key lactone-forming step is an organic reduction - esterfication  :
In halolactonization, an alkene is attacked by a halogen via electrophilic addition with the cationic intermediate captured intramolecularly by an adjacent carboxylic acid (See also iodolactamization), for example in this iodolactonization :

# Reactions
The reactions of lactones are similar to those of esters, as exemplified by gamma-lactone in the following sections:

## Hydrolysis
Heating a lactone with a base (sodium hydroxide) will hydrolyse the lactone to its parent compound, the straight chained bifunctional compound. Like straight-chained esters, the hydrolysis-condensation reaction of lactones is a reversible reaction, with an equilibrium. However, the equilibrium constant of the hydrolysis reaction of the lactone is higher than that of the straight-chained ester i.e. the products (hydroxyacids) are favoured in the case of the lactones. This is because although the enthalpies of the hydrolysis of esters and lactones are about the same, the entropy of the hydrolysis of lactones is less than the entropy of straight-chained esters.

## Reduction
Lactones can be reduced to diols using lithium aluminium hydride in dry ether. The reduction reaction will first break the ester bond of the lactone and then, reduce the carboxylic acid group (-COOH) to the alcohol group (-OH). Gamma-lactones, for instance, will be reduced to butane-1,4-diol, (CH2(OH)-(CH2)2-CH2(OH)

## Ammonolysis
Lactones also react with ethanolic ammonia, which will first break the ester bond and then react with the acidic -COOH group, because of the basic properties of ammonia, to form a difunctional group, i.e. alcohol and amide. Gamma-lactones will react to yield CH2(OH)-(CH2)2-CO-NH2.

# Examples
- -propiolactone
-propiolactone
- -butyrolactone (GBL)
-butyrolactone (GBL)
- D-glucono--lactone (E575)
D-glucono--lactone (E575)
- -caprolactone
-caprolactone