Green’s Dictionary of Slang

cold n.

1. [mid–late 19C] unheated spirits; usu. as cold without

2. [1980s+] (US black) a cigarette end [? it is no longer alight].

In compounds

cold without (n.)

[mid–late 19C] spirits, unheated and without an additive, e.g. sugar (cf. hot with under hot n.).

SE in slang uses

In phrases

have a cold (v.) [euph.]

1. [19C+] to have a venereal disease.

2. [mid-19C–1910s] to be in debt; thus have a very bad cold, to leave one’s lodgings without paying the rent.