Alcohol which has been acquired for free, usually by devious and underhanded methods.
Shouldn't need much money tonight, I'm planning on just drinking malcohol.
by arjs9 April 06, 2009
Can you define these popular missing words?
A term used to describe alcohol that has been stolen usually by people of Jewish origin and/or have a name starting with Malcolm.
Where did he get all that malcohol from?
by jdogg999 April 05, 2009