Irish whiskey (Irish: Fuisce or uisce beatha) is whiskey made on the island of Ireland. The word 'whiskey' (or whisky) comes from the Irish uisce beatha, meaning water of life.Irish whiskey was once the most popular spirit in the world, though a long period of decline from the late 19th century onwards greatly damaged the industry, so much so that although Ireland boasted at least 28 distilleries in the 1890s, by 1966 this number had fallen to just two, and by 1972 the remaining distilleries, Bushmills Distillery and Old Midleton Distillery were owned by just one company, Irish Distillers.