AQUAVIT Meaning of AQUAVIT in English [ ˌakwə'vi:t ](also akvavit ) ■ noun an alcoholic spirit made from potatoes.OriginC19: from Norw., Swed., and Dan. akvavit , lit. 'water of life'. Concise Oxford English vocab. Сжатый оксфордский словарь английского языка. 2004