vinum investments ltd logo

investment uncorked
about us

investment uncorked
the case for wine investment
so why bordeaux
how secure is my investment
how do i get started
key features
glossary of terms
wine facts linksadvisor log in
contact us


Glossary Of Terms

Appellation Contrôlée

Is a government department with very wide powers. This is what determines the classification of French wine. In order to qualify for the Appellation Contrôlée (AC) approval production must come from grapes grown in a strictly defined area. The AC will define and approve grape variety, yield (hectolitres per hectare) and minimum/maximum alcohol content. Every year all châteaux and producers must submit samples for assessment. In extreme circumstances they can instruct a vineyard to destroy their entire production.

Bordeaux wine futures

(see En Primeur)

Bottle format

In addition to the traditional 750ml bottle, and half-bottle, there are a number of ‘large format’ bottles. The most widely used are listed below.

Bottle(s) Litres Bordeaux Burgundy & Champagne
Two 1.5 Magnum Magnum
Three 2.25 Marie-Jeanne n/a
Four 3 Double magnum Jeroboam
Six 4.5 Jeroboam Rehoboam
Eight 6 Imperial Imperial
Twelve 9 Salmanazar Salmanazar
Sixteen 12 Nebuchadnezzar Balthazar
Twenty 15 Balthazar Nebuchadnezzar
Twenty-four 18 Melchior n/a


top of page


Château(x)

Vineyard or wine estate.

Clairet

A light Bordeaux Rosé wine.

Cru

Meaning growth. Used in a number of French regions to classify wine. In Burgundy the best vineyards are Grand Crus, although in Bordeaux the term relates to the château that own the land. These are the Cru Classé estates. In Champagne the term is applied to whole villages.

En Primeur

Method of purchasing wine before it has been bottled. Payment (not including duty or VAT) is made generally one to two years before bottling (the exact time depends on the region and quality. The wine most commonly offered en primeur are from Bordeaux, Burgundy in the Rhone Valley and Port, although many other regions, including some New World wineries, are following suit. Once the wine enters the UK, it may be stored in bond or, after payment of taxes, be delivered. In bond wine is stored in a ‘bonded’ warehouse. Before wines can be taken out of a bonded warehouse for use or consumption, duty has to be paid. Currently the duty in the UK for a case of wine – 9 litres – is £14.31.

top of page

Lying / Bonded

Wine that has not yet had the Duty and VAT paid. It must be stored in a bonded warehouse approved by HM Customs & Excise.

Lying

In bond, see above

Robert Parker

An American wine journalist, businessman and acknowledged wine tasting expert - particularly for Bordeaux wine. Mr Parker came to prominence in the mid 1980's when he introduced his own approach to evaluating wine that he tasted.

James Suckling

Is a senior editor and chief columnist for The Wine Spectator magazine. He is the author of Vintage Port - the Wine Spectator's Ultimate Guide for Consumers, Collectors and Investors.

Wasting asset

A wasting asset is an asset that had a predictable useful life of 50 years or less from the date on which you acquired it.

top of page

home | about us | product offering | investment uncorked
wine facts | links | adviser log in | contact us