|Origin:||Arabic al-iksir 'the elixir', probably from Greek xerion 'powder for drying wounds', from xeros 'dry'|
1 [countable] literaryRF
a magical liquid that is supposed to cure people of illness, make them younger etc:
the search for the elixir of life
something that is supposed to solve problems as if by magic:
The current new wave of technology should prove an economic elixir.