Diethyl Malonate is a colorless liquid organic compound with the formula C7H14O4. It is commonly used as a building block in organic synthesis, particularly in the production of malonic acid derivatives. Its structure features two ethyl ester groups attached to a central malonate unit, making it a versatile reagent in various chemical reactions. This compound is known for its ability to undergo alkylation and decarboxylation, which allows chemists to create a wide range of complex molecules. Additionally, Diethyl Malonate is often utilized in the synthesis of pharmaceuticals and agrochemicals, highlighting its importance in the field of organic chemistry.