noun
oxidation
ahk-sih-DAY-shun/ˌɑːksɪˈdeɪʃn/
A chemical process in which a substance loses electrons, often by reacting with oxygen.
Oxidation leaves reddish-brown rust on the iron chain.

Etymology
French oxider, “oxidize,” was formed from oxide, a compound of oxygen with another element. With the action-noun ending, oxidation names the process of producing such a combination.
In context
When iron is exposed to both oxygen and moisture, yes, even just humidity in the air, it undergoes oxidation.
More examples
- The experiment measured oxidation at the metal surface.
- A protective coating slowed oxidation.
- In that reaction, oxidation involved the loss of electrons.
Forms
oxidation
oxidize verb — undergo oxidation