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1. A sweet flavoured liquid (usually containing a small amount of alcohol) used in compounding medicines to be taken by mouth in order to mask an unpleasant taste
    
2. Hypothetical substance that the alchemists believed to be capable of changing base metals into gold
   - philosopher's stone, philosophers' stone
    
3. A substance believed to cure all ills

Derived forms: elixirs

Type of: catholicon [rare], cure-all, liquid, nostrum, panacea, potion, substance

Encyclopedia: Elixir