The Baeyer–Villiger oxidation turns a ketone into an ester, or a cyclic ketone into a lactone, with a peroxy acid: the peroxy acid adds to the carbonyl group, then a group on the carbonyl carbon migrates to the nearer peroxide oxygen as a carboxylate leaves.
Chemistry · Glossary
What is Baeyer–Villiger oxidation?
Also known as: Baeyer--Villiger oxidation