Yes, all tinctures are extracts, but not all extracts are
tinctures. An extract is a substance produced by extracting a
part of a raw material using such solvents as glycerin, vinegar, ethanol
or water. A
tincture is an alcoholic extract of plant or animal material. To
qualify as an alcoholic tincture, the extract should have a percentage of
ethanol not less than 25–60%.