Site-specific recombination is a molecular process where specific DNA sequences are recognized and exchanged by recombinase enzymes, allowing for the rearrangement of genetic material. This mechanism is crucial for various biological functions, including the integration of viral DNA into host genomes, the rearrangement of antibody genes, and the regulation of gene expression. It occurs at particular sites in the genome, making it different from general recombination, which involves more random exchanges between DNA sequences.