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From The Collaborative International Dictionary of English v.0.48:
Glyceric \Gly*cer"ic\, a. (Chem.) Pertaining to, or derived from, glycerin. [1913 Webster] Glyceric acid (Chem.), an organic acid, obtained by the partial oxidation of glycerin, as a thick liquid. It is a hydroxyl derivative of propionic acid, and has both acid and alcoholic properties. [1913 Webster]