What does PLACEBO EFFECT stand for?

What does PLACEBO EFFECT mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: PLACEBO EFFECT.

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PLAB, PLAB part 1 XX, PLAB part 2 XX, PLAC, PLACE, PLACEMEN, PLACES, PLACOZOA, PLAD, PLADES

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What does PLACEBO EFFECT mean?

placebo effect(noun)
any effect that seems to be a consequence of administering a placebo; the change is usually beneficial and is assumed result from the person's faith in the treatment or preconceptions about what the experimental drug was supposed to do; pharmacologists were the first to talk about placebo effects but now the idea has been generalized to many situations having nothing to do with drugs

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"PLACEBO EFFECT." Abbreviations.com. STANDS4 LLC, 2015. Web. 27 May 2015. <http://www.abbreviations.com/PLACEBO%20EFFECT>.