nostrum [nos-truh m]
noun
1. a medicine sold with false or exaggerated claims and with no demonstrable value; quack medicine.
2. a scheme, theory, device, etc., especially one to remedy social or political ills; panacea.
3. a medicine made by the person who recommends it.
4. a patent medicine.
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Origin: 1595-1605; < Latin nostrum our, ours (neuter singular of noster); referring to the seller's calling the drug “our” drug
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