The type of interaction that occurs between oppositely charged ions is known as ionic bonding. This type of chemical bond forms when one atom donates an electron to another atom, resulting in highly charged ions. The positively charged ion, known as a cation, is attracted to the negatively charged ion, or anion. This electrostatic attraction creates a strong bond between the two ions, leading to the formation of ionic compounds, which often have high melting and boiling points and can conduct electricity when dissolved in water.