Old Brandy

Also Known As: V.S.O.P or X.O. brandy What it is: Brandy

Spirit produced by distilling wine, the wine having first been produced by fermenting grapes. When used generically, "brandy" typically refers to grape brandy. Old brandy has been aged at least three years and is typically labeled V.S.O.P or X.O.

Further reading: http://en.wikipedia.org/wiki/Brandy