Placebo is a term used to describe a medical treatment or procedure that has no active therapeutic effect. The term can be broken down into three parts: PILL (4 letters), SOP (3 letters), and SUGARPILL (9 letters). PILL refers to a medication, usually in the form of a tablet, capsule, or liquid, that is taken orally. SOP stands for Standard Operating Procedure, which is a set of instructions that outlines how a task should be performed. Finally, SUGARPILL is a type of placebo that contains sugar instead of an active ingredient.