Brandy

When the Two-Dollar Cocktail was so named, over a half century ago, the amount of cash in question was a substantial sum. The French brandy  — Cognac, if you like  — certainly contributes to its value.

Flips were originally hot drinks made with egg and a variety of liquors and wines. They were warmed up by means of a loggerhead, an iron tool with a long handle and bulbous end that could be heated and plunged, like a poker, into the drink. Today, however, flips are generally served cold. Historically, they have been most often served in the morning or at bedtime, because of their soothing character.

Málaga Tapas & Bar gets its name from a city on Spain's southern coast — and from the authentic savory appetizers and snacks it serves with wine and other drinks, in the Andalusian tapas tradition. Málaga, located in Austin's trendy Warehouse District, is a favorite among the after-work and late-night crowds. This recipe for sangria comes from the restaurant's bar manager and resident wine expert, Merrill Frank.

This creamy alternative to eggnog gets an extra dose of richness from crème de cacao.

This cooked version of eggnog (without any booze) gets chilled overnight and up to two days, so you can make it ahead and serve it to anyone who comes through the door.