1. a medieval chemical science and speculative philosophy aiming to transform base metals into gold and to discover a universal elixir of life
Usage: archaic spelling of alchemy; historical
2. a seemingly magical process of transformation or creation
Usage: figurative; archaic spelling

Examples

• Medieval scholars devoted themselves to alchymy, hoping to turn lead into gold.
• The old texts on alchymy contained elaborate diagrams and cryptic formulas.
• Some historians view alchymy as a precursor to modern chemistry.
• The artist described her creative process as a kind of alchymy, transforming raw materials into beauty.
• Alchymy blended philosophy, mysticism, and early scientific experimentation.