The nucleophilic reactivities of hydroxamate (HA−) ions of the structure RCONHO− [R = CH3 (acetohydroxamate, AHA−), C6H5 (benzohydroxamate, BHA−), 2‐OHC6H4 (salicylhydroxamate, SHA−), and 4‐CH3OC6H4 (4‐methoxbenzohydroxamate, MBHA−)] for the hydrolysis of p‐nitrophenyl benzoate (PNPB), tris(3‐nitrophenyl) phosphate (TRIS), and bis(2,4‐dinitrophenyl) phosphate (BDNPP) have been examined kinetically. Over the pH range of 6.7–11.4, the α‐nucleophile (HA−) accelerates deacylation of PNPB and dephosphorylation of TRIS (in cetyltrimethylammonium bromide (CTAB) micelle, 2.0 × 10−3 M). The salicylhydroxamate ion encountered effective catalysis than AHA−, BHA−, and MBHA− ions. The monoanionic SHA− and dianionic SA2− forms of salicylhydroxamic acid are the reactive species. The hydroxamic acid concentration–dependent critical micelle concentration (cmc) and fractional ionization constant (α) and of CTAB provide qualitative information for the micellar incorporation of the hydroxamate ion. The ab initio calculations performed on the hydroxamate ions at restricted Hartree–Fock using the 6‐311G (d,p) basis set revealed the O‐nucleophilicity of hydroxamate ions toward C=O and P=O centers. On the basis of ab initio calculation, it has been concluded that hydroxamic acids can exist into E‐amide and Z‐amide forms. The large stable amide or imide anions of hydroxamate are strong nucleophilic for the esterolytic cleavage of carboxylate and phosphate esters.