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vintage

 
Dictionary: vin·tage   (vĭn'tĭj) pronunciation
 
n.
  1. The yield of wine or grapes from a vineyard or district during one season.
  2. Wine, usually of high quality, identified as to year and vineyard or district of origin.
  3. The year or place in which a wine is bottled.
    1. The harvesting of a grape crop.
    2. The initial stages of winemaking.
  4. Informal.
    1. A group or collection of people or things sharing certain characteristics.
    2. A year or period of origin: a car of 1942 vintage.
    3. Length of existence; age.
adj.
  1. Of or relating to a vintage.
  2. Characterized by excellence, maturity, and enduring appeal; classic.
  3. Old or outmoded.
    1. Of the best: played songs that were vintage Cole Porter.
    2. Of the most distinctive: “Fatalism has coexisted with vintage American overconfidence” (Thomas Oliphant).

[Middle English, from Anglo-Norman, alteration (influenced by viniter, vintner) of Old French vendange, from Latin vīndēmia : vīnum, grapes + dēmere, to take off (, de- + emere, to obtain).]


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A slang term used by mortgage-backed securities (MBS) traders and investors to refer to an MBS that is seasoned over some time period. MBSs typically have maturities around 30 years, and a particular issue's 'vintage' will expose the holder to less prepayment and default risk, although this decreased risk also limits price appreciation.

Investopedia Says:
The underlying loans of certain vintage MBSs have unique characteristics, such as burnout, that make the vintage trade at a premium price. These unique characteristics are a result of how underlying assets in MBS are pooled. Most MBSs pool the underlying assets across certain geographical regions with similar terms to maturity and interest rates. This makes forecasting payment plans more predictable.

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Mortgage-backed securities can offer monthly income, a fixed interest rate and even government backing. Profit From Mortgage Debt With MBS
An investor's fixed-income portfolio can easily beat the average bond fund. Learn how and why! Asset Allocation Within Fixed Income


 
Food and Nutrition: vintage
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The year of production of a wine, from the French vendage, for grape harvest. Used mainly for superior quality wines, when each year's production is matured separately. Ordinary and table wines (see wine classification) are not generally dated, and indeed the production from more than one year may be blended.

 

[VIHN-tihj] A term in the wine world that describes both the year of the actual grape harvest and the wine made from those grapes. In the United States, the label may list the vintage year if 95 percent of the wine comes from grapes harvested that year. If a blend of grapes from 2 or more years is used, the wine is nonvintage (NV), but that doesn't mean it's not as good as a vintage wine. Consumers should consider a vintage year only as a general guideline. An excellent year for a growing region translates to a generally superior quality-which means there are more choices for fine wines of that vintage. In the end, however, each wine must be judged on its own merit.

 
Thesaurus: vintage
Top

noun

    A period of origin: year. See time.

adjective

  1. Characterized by enduring excellence, appeal, and importance: classic, classical. See good/bad.
  2. Of a style or method formerly in vogue: antiquated, antique, archaic, bygone, dated, dowdy, fusty, old, old-fashioned, old-time, outdated, outmoded, out-of-date, passé. See new/old.
  3. Serving to identify or set apart an individual or group: characteristic, distinctive, individual, peculiar, typical. See same/different/compare.

 
Antonyms: vintage
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adj

Definition: superior
Antonyms: inferior, minor, unimportant


 

[VIHN-tihj] Term that describes both the year of the actual grape harvest and the wine made from those grapes. In the United States, the label may list the vintage year if 95 percent of the wine comes from grapes harvested that year. If a blend of grapes from 2 years or more is used, the wine is called non-vintage or NV. Some champagne and sparkling wine producers are using the term multi-vintage to describe wines made from a blend of 2 or more years. The multi-vintage designation is to reflect the fact that the vintners are purposefully blending cuvees from different years to achieve a superior house style. Although it's often assumed that a vintage wine is one of superior quality, that's not necessarily true. Some vintages are simply considered better overall than others. That's because the quality of the harvest varies from one year to another. In addition, an individual wine may be better or worse than others of a particular vintage because of the originating vineyard's mesoclimate or because of the winemaking process it underwent. An excellent year for a growing region translates to a generally superior quality, which means there are more choices for fine wines of that vintage. So consumers should view a vintage year only as a general guideline. In the end, each wine must be judged on its own merit.

 
Wikipedia: Vintage
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The Vintagers, after a miniature of the "Dialogues de Saint Gregoire" (thirteenth century)—manuscript of the Royal Library of Belgium

Vintage, in wine-making, is the process of picking grapes and creating the finished product. A vintage wine is one made from grapes that were all, or primarily, grown and harvested in a single specified year. In certain wines, it can denote quality, as in Port wine, where Port houses make and declare vintage Port in their best years. From this tradition, a common, though incorrect, usage applies the term to any wine that is perceived to be particularly old or of a particularly high quality.

Most countries allow a vintage wine to include a portion of wine that is not from the year denoted on the label. In Chile and South Africa, the requirement is 75% same-year content for vintage-dated wine.[1][2] In Australia, New Zealand, and the member states of the European Union, the requirement is 85%.[3][4][5] In the United States, the requirement is 85%, unless the wine is designated with an AVA, (e.g., Russian River Valley), in which case it is 95%. Technically, the 85% rule in the United States applies equally to imports, but there are obvious challenges in enforcing the regulation.[6]

The opposite of a vintage wine is a nonvintage wine, which is usually a blend from the produce of two or more years. This is a common practice for winemakers seeking a consistent style of wine, year on year.

Contents

The effect of vintage disputed

Vintage near Sorrento, Italy, Jacob Philipp Hackert, c. 1784

The importance of vintage, however, is both varied and disputed.

In wine produced on the colder limits of wine production, vintage is often very important, because some seasons will be much warmer and produce riper grapes and better wine for people to drink. On the other hand, a poor growing season can lead to grapes low in sugar, which lowers the quality of the resulting wine.

In many wine regions, especially in the New World, growing seasons are much more uniform. In dry regions, the systematic and controlled use of irrigation also contributes to uniform vintages. However, such wines are regularly labeled by vintage because of consumer demand.

Wines of superior vintages from prestigious producers and regions will often command much higher prices than those from average vintages. This is especially the case if wines are likely to improve further with some age in the bottle. Some wines are only labeled with a vintage in better-than-average years, to maintain their quality and reputation, while the vast majority of wines are produced to be drunk young and fresh. In such cases, a vintage is usually considered less important. However, it can serve to protect consumers against buying a wine that would not be expected to improve with age and could be past its best, such as with Beaujolais nouveau, a wine style made to be consumed within months of its bottling.

The importance of vintage may sometimes be exaggerated. For example, New York Times wine columnist Frank J. Prial declared the vintage chart to be dead, writing that "winemakers of the world have rendered the vintage chart obsolete" (Prial), and Bill Marsano wrote that "winemakers now have the technology and skills to make good and even very good wines in undistinguished years" (Marsano). James Laube of Wine Spectator has asserted that "even an average vintage can yield some grand wines" (Laube).

Roman Weil, co-chairman of the Oenonomy Society of the US and Professor at the University of Chicago, tested the controversial hypothesis that experienced wine drinkers "cannot distinguish in blind tastings the wine of years rated high from those of years rated low, or, if they can, they do not agree with the vintage chart's preferences" (Weil).

Dr. Weil used wines ranging from four to 17 years beyond their vintage with 240 wine drinkers and found that the tasters could not distinguish between wines of good and bad vintages, except for Bordeaux wines, and even when they could make a distinction, the match between the tasters' individual assessments and the charts' rankings were little better than tossing a coin. When the tests were replicated with wine experts, including French wine academics, the results were again the same as chance.

Many critics believe that Bordeaux has the world's largest variance in vintages.[citation needed] Indeed, Weil found that "tasters can distinguish the Excellent from the Appalling one, even if they didn't agree with which is the Appalling one."

Weil does not consider a vintage chart to be useless. He suggests using one to help "find good buys in wine. Buy wine from the Appalling years," which may be priced far below actual quality.

The subject of the importance of vintage is one about which disagreement can be expected to continue.

Vintages in Burgundy
Vintages in the Côte de Beaune in Burgundy

Miscellaneous

  • In Spain, wine regulators publish official classifications of each vintage.
  • A common Bordelais saying is "The best vintage is the vintage we have to sell" (Greene).
  • Vintage can also mean of or pertaining to the vine.

See also

References

  1. ^ Official Gazette of the Republic of Chile/ Viñas De Chile: Decree 464, Article 5
  2. ^ Wines of South Africa: labeling requirements (South Africa) paragraph 14; Cape Wine and Spirits Institute
  3. ^ Australian Wine and Brandy Corporation Regulations 1981, Statutory Rules 1981 No. 156
  4. ^ ANZFA Standard P5 and P6
  5. ^ EU Regulation: 1493/99, Annex VIII, E.7
  6. ^ 27 CFR Ch.1 § 4.27

Further reading

  • Greene, Joshua. "Bordeaux 2005". Wine & Spirits, June 2006, 25(3), 24-26.
  • Laube, James. "A caveat for Cabernet". Wine Spectator, June 15, 2006, 31(4), 37.
  • Prial, Frank J. "Wine talk: So who needs vintage charts". New York Times, February 9, 2000, B1 & B14.
  • Marsano, Bill. "Vintage nonsense". Hemisphere (United Airlines' inflight magazine), May 2001.
  • Weil, Roman L. "Parker v. Prial: The death of the vintage chart". Oenometrie VIII. Eighth annual meeting of the Vineyard Data Quantification Society (VDQS) in

External links



 
Translations: Vintage
Top

Dansk (Danish)
n. - vinhøst, årgang
adj. - af fin årgang, fremragende

idioms:

  • vintage car    veteranbil

Nederlands (Dutch)
wijnjaar, (superieure) wijn (m.n. van bepaalde jaar), producten van bepaald(e) jaar/periode, productiejaar, leeftijd, wijnoogst, uit bepaalde wijnjaar, klassiek, oud (erwets), beste, meest kenmerkend

Français (French)
n. - millésime, époque
adj. - millésimé, vieux, classique (une comédie), (fig) du meilleur cru, antique (modèle)

idioms:

  • vintage car    voiture d'époque

Deutsch (German)
n. - Weinlese, Jahrgang, Baujahr
adj. - Vintage..., Vorkriegs...

idioms:

  • vintage car    Oldtimer (gebaut zwischen 1917 und 1930)

Ελληνική (Greek)
n. - κρασί συγκεκριμένου τόπου και χρονιάς, κρασί ποιότητας, τρυγητός, τρύγος, χρονιά παραγωγής

idioms:

  • vintage car    αυτοκίνητο-αντίκα

Italiano (Italian)
vendemmia, annata

idioms:

  • vintage car    auto d'epoca

Português (Portuguese)
n. - vindima (f), ano da safra de vinho (f), moda (f) (coloq.)

idioms:

  • vintage car    carro clássico

Русский (Russian)
собирать виноград, сбор винограда, вино определенного урожая, марочный, старинный

idioms:

  • vintage car    старомодный автомобиль

Español (Spanish)
n. - cosecha, vendimia
adj. - relativo a la cosecha o vendimia, añejo, típico

idioms:

  • vintage car    coche antiguo

Svenska (Swedish)
n. - vinskörd, årgång

中文(简体)(Chinese (Simplified))
制造年期, 葡萄收获期, 古典的, 老式的

idioms:

  • vintage car    老爷车, 老式汽车

中文(繁體)(Chinese (Traditional))
n. - 製造年期, 葡萄收穫期
adj. - 古典的, 老式的

idioms:

  • vintage car    老爺車, 老式汽車

한국어 (Korean)
n. - (특정 수확기의) 포도주, 포도주 양조기, 제작 연식
adj. - 포도주 [양조]의, 연대가 오래된, 시대에 뒤진

日本語 (Japanese)
n. - ぶどう酒, ぶどう収穫量, 型
adj. - 上等な, 代表的な, 最盛期の, 銘柄の, 良質の

idioms:

  • vintage car    クラシックカー

العربيه (Arabic)
‏(الاسم) موسم قطف العنب, غله الكرم‏

עברית (Hebrew)
n. - ‮בציר, עונת הבציר, שנת הבציר, יין משובח, תוצרת‬
adj. - ‮משובח, מובחר, קלסי‬


 
 

 

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