Database isolation refers to the level of isolation between concurrent transactions in a database. Isolation levels control the visibility and accessibility of data to concurrent transactions and can affect the occurrence of race conditions in a database. If your isolation level is not “serializable” - there is a possibility of race conditions.
The Serializable isolation level provides the strictest transaction isolation. This level emulates serial transaction execution for all committed transactions; as if transactions had been executed one after another, serially, rather than concurrently
Example of Race condition, Hotel room booking and movie ticket booking etc