Enchantment is the process of adding a bonus or stat affect to as equipment item. Enchants require scrolls, which are ranked from F, the lowest, to 6, the highest.
An item can have at most 1 Prefix Enchant and 1 Suffix Enchant applied at the same time.
If you fail and Enchant once, the item is recoverable through the Strange Traveler. However, a second Enchant fail will destroy the item permanently.