The Collaborative International Dictionary of English v.0.48:

Toddy \Tod"dy\, n. [Formed from Hind. t[=a]?[imac] the juice of
   the palmyra tree, popularly, toddy, fr. t[=a]? the palmyra
   tree, Skr. t[=a]la.]
   1. A juice drawn from various kinds of palms in the East
      Indies; or, a spirituous liquor procured from it by
      fermentation.
      [1913 Webster]

   2. A mixture of spirit and hot water sweetened.
      [1913 Webster]

   Note: Toddy differs from grog in having a less proportion of
         spirit, and is being made hot and sweetened.
         [1913 Webster]

   Toddy bird (Zool.), a weaver bird of the East Indies and
      India: -- so called from its fondness for the juice of the
      palm.

   Toddy cat (Zool.), the common paradoxure; the palm cat.
      [1913 Webster]

WordNet (r) 3.0 (2006):

toddy
    n 1: a mixed drink made of liquor and water with sugar and
         spices and served hot [syn: hot toddy, toddy]