Elixir/ɪˈlɪksər/ Definition 1 of 3Pro Tip 1/3Mythical Connotations Elixir often implies a mystical quality, especially in fantasy or fiction. The ancient tome mentioned an elixir that could turn lead into gold. Pro Tip 2/3Not Real In modern times, 'elixir' may be used jokingly to refer to something not truly magical. This coffee is my morning elixir; it wakes me right up! Pro Tip 3/3Metaphorical Use People use 'elixir' metaphorically to describe a solution to a problem. Laughter is an elixir that can often relieve stress.