Bjóðveig eða hvatn (whiskey)

1) hvatn
Whiskey means 'water of life' in Gaelic uisge beatha and is here expressed by a fusion between the adjective hvatur (quick, lively, brisk) and vatn (water).

2) bjóðvatn
The part -bjóður in Magbjóður means 'life' and derives This word from Scottish Gaelic beatha, which means 'life'. Coincidentially, it is the second element in the term uisge beatha, meaning 'water of life, a word that has been corrupted quite heavily in the course of time until it took shape as the modern whiskey. This means that the prefix bjóð- can be used to form the Gaelic-Icelandic hybrid neologism bjóðveig, which is more appropriate than fjörveig, because quite some other alcoholic beverages in the world are coincidentially designated as 'water of life', the Scandinavian aquavit being a prominent example. The prefix bjóð- is a hyponym ('dog' is a hyponym of 'animal')of fjör restricted to the Celtic regions. Hermann Pálsson mentions in his book 'Keltar á Íslandi' a second form: bjó-, occuring in the the masculine personal name Bjólan, which is a constructed of the elements beó (lively) and lán (full).