Acid–base catalysis was originally thought of in terms of a mysterious influence of the acid or base, but it is now generally believed to involve an actual acid–base reaction between the catalyst and the reacting substance, termed the substrate, with the catalyst being regenerated at a later stage of the reaction. Moreover, knowledge of reaction mechanisms is now sufficient to suggest detailed sequences of reactions for many acid- or base-catalysis reactions, most of these sequences being at least plausible and in many instances well established.
In most acid–base reactions the addition or removal of a proton does not bring about any drastic change in the structure of the molecule or in its stability or reactivity. It is a characteristic of reactions catalyzed by acids or bases, however, that the addition or removal of a proton either makes the substrate unstable, so that it decomposes or rearranges, or that it causes the substrate to become reactive toward some other species present in the system. In cases of rearrangement, the regeneration of the catalyst often involves the removal or addition of a proton at a site other than that at which the initial addition or removal took place. It is not necessary that the substrate in an acid- or base-catalyzed reaction should itself have marked acid–base properties, since even a very small extent of initial acid–base reaction may be enough to bring about the subsequent change.