ef·fi·ca·cy

[ef-i-kuh-see]
noun, plural ef·fi·ca·cies.
capacity for producing a desired result or effect; effectiveness: a remedy of great efficacy.

Origin:
1520–30; < Latin efficācia, equivalent to efficāc- (see efficacious) + -ia -y3

non·ef·fi·ca·cy, noun
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Based on the Random House Dictionary, © Random House, Inc. 2013.
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World English Dictionary
efficacy (ˈɛfɪkəsɪ) [Click for IPA pronunciation guide]
 
n
the quality of being successful in producing an intended result; effectiveness

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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00:10
Efficacy is a GRE word you need to know.
So is torpid. Does it mean:
consisting or made of wood; wood:
slow; dull; apathetic; lethargic.
Etymonline
Word Origin & History

efficacy
1520s, from L. efficacia, from efficax (gen. efficacis) "effective," from efficere "work out, accomplish" (see effect).
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
Use a standard debate procedure and have the non-debating students evaluate the
  efficacy of the arguments.
Strong crypto, in their view, was an answer of almost magical efficacy.
Researchers are now trying to find out to what extent the efficacy and safety
  of many new drugs is influenced by genetic factors.
Of course, past spending can be useful evidence for the efficacy of future
  spending.
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