Source : Webster's Revised Unabridged Dictionary (1913)

   {Milk punch}, a sort of punch made with spirit, milk, sugar,
      spice, etc.

   {Punch bowl}, a large bowl in which punch is made, or from
      which it is served.

   {Roman punch}, a punch frozen and served as an ice.

Source : WordNet®

milk punch
     n : a punch made of spirits and milk and sugar and spices