Meaning of the word nostrum in English

What does nostrum mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

nostrum

US /ˈnɑː.strəm/
UK /ˈnɑː.strəm/

Noun

1.

an idea for solving a problem, especially one that is not very good:

Example:
He refused to embrace any of the fashionable nostrums then current in development economics.
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