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A medieval chemical philosophy having as its asserted aims the transmutation of base metals into gold, the discovery of the panacea, and the preparation of the elixir of longevity.
(noun)
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A seemingly magical power or process of transmuting: "He wondered by what alchemy it was changed, so that what sickened him one hour, maddened him with hunger the next” ( Marjorie K. Rawlings).
(noun)
American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.