nostrums

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.

noun

1. a patent or quack medicine
2. a favourite remedy, as for political or social problems

n.“quack medicine,” c.1600, from Latin nostrum remedium “our remedy,” presumably that prepared by the person offering it, from Latin nostrum, neuter of noster “our,” from nos “we,” from PIE *nos (see us). n.

1. A medicine whose effectiveness is unproved and whose ingredients are usually secret; a quack remedy.