Rum is a spirit produced from sugar cane and its by-products by a process of fermentation and distillation. It is often matured in oak casks before bottling, but is also sold un-aged as a clear spirit. Most of the world's rum is produced in the Caribbean and Central and South America, though rum can be made anywhere. Unlike Scotch Whisky and Cognac, rum production methods are not universally regulated.
White rums such as Bacardi are often drank with mixers and in cocktails, while dark, aged rums are often sipped and enjoyed in a manner similar to malt whisky and Cognac.