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essence  (essences plural )
1  n-uncount The essence of  something is its basic and most important characteristic which gives it its individual identity. 
usu N of n 
The essence of consultation is to listen to, and take account of, the views of those consulted., ...the essence of life...  You use in essence to emphasize that you are talking about the most important or central aspect of an idea, situation, or event. 
FORMAL 
in essence  phrase PHR with cl/group  (emphasis)  Though off-puttingly complicated in detail, local taxes are in essence simple.  If you say that something is of the essence, you mean that it is absolutely necessary in order for a particular action to be successful. 
FORMAL 
of the essence  phrase V inflects  (=crucial) 
Speed was of the essence in a project of this type.  
2  n-mass Essence is a very concentrated liquid that is used for flavouring food or for its smell. 
...a few drops of vanilla essence.