<p><strong>Noun</strong></p><ul><li>A sweetened, aromatic solution of alcohol and water containing, or used as a vehicle for, medicinal substances.</li><li>Also called elixir of life: an alchemic preparation formerly believed to be capable of prolonging life.</li><li>An alchemic preparation formerly believed to be capable of transmuting base metals into gold.</li><li>The quintessence or absolute embodiment of anything.</li><li>A panacea; cure-all; sovereign remedy.</li></ul>