The product or result of distillation; something that has been distilled or the act of distilling itself.
From distill + -ment suffix creating nouns from verbs, indicating a result or product of an action.
The word 'distillment' is rarely used today, but Shakespeare actually used it—showing how older English favored -ment nouns more heavily than we do now!
Complete word intelligence in one call. Free tier — 50 lookups/day.