Panacea is a noun that refers to a remedy or solution that is believed to cure all diseases or problems. It is often used metaphorically to describe something that is seen as a universal solution or cure-all.

Interesting fact: The word “Panacea” originates from Greek mythology. In Greek mythology, Panacea was the goddess of healing and was believed to possess a potion that could cure any ailment. The word “Panacea” itself is derived from the Greek words “pan” meaning “all” and “akos” meaning “cure.”