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Meaning of “panacea” in the English Dictionary

(Definition of panacea from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"panacea" in American English

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panaceanoun [C]

 us   /ˌpæn·əˈsi·ə/
something that will solve all problems or cure all illnesses: Books are not meant to be a panacea for an illness or loss.
(Definition of panacea from the Cambridge Academic Content Dictionary © Cambridge University Press)

"panacea" in Business English

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panaceanoun [C, usually singular]

uk   us   /ˌpænəˈsiːə/
something that some people believe will solve all problems: panacea for sth Some economists say that consumer spending is the panacea for all economic ills.
(Definition of panacea from the Cambridge Business English Dictionary © Cambridge University Press)
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