The Collaborative International Dictionary of English v.0.48:
Glycerite \Glyc"er*ite\, n. (Med.) A medicinal preparation made by mixing or dissolving a substance in glycerin. [1913 Webster]WordNet (r) 3.0 (2006):
glycerite n 1: a medicine made by mixing a substance in glycerin [syn: glycerite, glycerole]