Benzilic Acid is an organic compound with the chemical formula C14H12O3. It is a white crystalline solid that is primarily used in organic synthesis and as a reagent in various chemical reactions. Benzilic acid is derived from benzil, which is a diketone, through a process known as benzilic acid rearrangement. This compound is notable for its ability to form salts and esters, making it useful in the production of pharmaceuticals and other chemical products. Its structure features a hydroxyl group (-OH) and a carboxylic acid group (-COOH), contributing to its reactivity and versatility in chemical applications.