elixir

noun

1. 1

   A liquid which converts lead to gold.

2. 2

   A substance or liquid which is believed to cure all ills and give eternal life.

3. 3

   (by extension) The alleged cure for all ailments; cure-all, panacea.

4. 4

   A sweet flavored liquid (usually containing a small amount of alcohol) used in compounding medicines to be taken by mouth in order to mask an unpleasant taste.