What does "burgundy" mean?

Burgundy: A richly flavored wine, mostly red, made in Burgundy, France. Burgundy pitch, a resinous substance prepared from the exudation of the Norway spruce (Abies excelsa) by melting in hot water and straining through cloth. The genuine Burgundy pitch, supposed to have been first prepared in Burgundy, is rare, but there are many imitations. It has a yellowish brown color, is translucent and hard, but viscous. It is used in medicinal plasters.