Oxymercuration/Demercuration
1. It converts an alkene to a Markovnikov's alcohol
2. It involves the conversion of an alkene to a mercurial alcohol via the addition of mercuric (II) acetate dihydrate to the carbon-carbon double bond, to form a mercurial alcohol
3. Reduction of the mercurial alcohol with NaBH4 in an acidic medium leads to the formation of the Markovnikov's alcohol