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acetone (n.)

colorless volatile liquid, 1839, literally "a derivative of acetic acid," from Latin acetum "vinegar" (see acetic) + Greek-based chemical suffix -one, which owes its use in chemistry to this word.

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Definitions of acetone from WordNet

acetone (n.)
the simplest ketone; a highly flammable liquid widely used as an organic solvent and as material for making plastics;
Synonyms: propanone / dimethyl ketone
From wordnet.princeton.edu