handwavium
Any hypothetical but unobtainable material with desirable engineering properties.
informal, uncountable
My handwavium was an invented mineral, but - reading up - what about platinum? Could I substitute platinum for handwavium?
Where it comes from
From hand waving + -ium (“the chemical element suffix”).
Adapted from the Wiktionary entry handwavium (CC BY-SA 4.0).