An iterator is an object that allows you to traverse a collection of elements, such as a list or a dictionary. Iterators are used in `for` loops to iterate over the elements of a collection one at a time.
When you create an iterator, it keeps track of the current position in the collection and provides a way to access the next element. The `next()` function is used to retrieve the next element from the iterator. When there are no more elements to iterate over, the `next()` function raises a StopIteration exception and the iteration stops.
It is important to note that iterators are designed to be read-only. Modifying a collection while iterating over it can cause unexpected behavior, as the iterator may skip over or repeat elements. A `RuntimeError` may also be raised in this situation, with the message `changed size during iteration`. Therefore, it is important to avoid modifying a collection while iterating over it to ensure that your code behaves as expected.