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Meaning of nostrum

nos•trum

Pronunciation: (nos'trum), [key]
— n.
  1. a medicine sold with false or exaggerated claims and with no demonstrable value; quack medicine.
  2. a scheme, theory, device, etc., esp. one to remedy social or political ills; panacea.
  3. a medicine made by the person who recommends it.
  4. a patent medicine.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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