1. (

• elixir

) 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 ;

2. (

• philosopher's_stone ,
• philosophers'_stone ,
• elixir ,

) hypothetical substance that the alchemists believed to be capable of changing base metals into gold ;

3. (

• elixir

) a substance believed to cure all ills ;