The Websters English Dictionary defines alchemy as such:
- Main Entry:
- Middle English alkamie, alquemie, from Middle French or Medieval Latin; Middle French alkimie, from Medieval Latin alchymia, from Arabic al-kīmiyā’, from al the + kīmiyā’ alchemy, from Late Greek chēmeia
- 14th century
1 : a medieval chemical science and speculative philosophy aiming to achieve the transmutation of the base metals into gold, the discovery of a universal cure for disease, and the discovery of a means of indefinitely prolonging life
2 : a power or process of transforming something common into something special
3 : an inexplicable or mysterious transmuting
I especially like the idea of transmuting.