What does ABV stand for in relation to bourbon labeling requirements?

ABV stands for Alcohol By Volume, which is a standard measurement used to quantify the amount of alcohol (ethanol) contained in a beverage relative to the total volume of liquid. This measurement is critical in bourbon labeling as it provides consumers with a clear understanding of the strength of the spirit they are selecting. Bourbon must be labeled with its ABV to ensure that consumers are accurately informed about the alcohol content, which can influence both the experience and safety of consumption.

The other terms provided do not correctly represent this concept. "Alcohol by Value" is not a standard term used in the industry. "Assured Balanced Volume" and "Alcohol Based Verification" do not relate to common alcohol measurement practices or legal requirements regarding labeling. Therefore, the designation of ABV as Alcohol By Volume is essential for both regulatory compliance and consumer awareness in the bourbon market.