Tincture of iodine has antiseptic properties. This solution is made by dissolving:
Iodine in alcohol
Tincture of iodine or iodine tincture is an antiseptic, it is also called weak iodine solution. It is usually 2 - 7% elemental iodine, along with potassium iodide or sodium iodide, dissolved in a mixture of ethanol and water. Tincture solutions are characterized by the presence of alcohol.