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nostrum definition

nos·trum (nästrəm)

noun

    1. a medicine prepared by the person selling it
    2. a patent medicine of a kind sold with exaggerated claims; quack medicine
  1. a pet scheme for solving some social or political problem; panacea

Etymology: L, neut. of noster, ours (< nos, we: see us): ? so called from the seller's calling it “our” remedy

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