No, this does not contain any actual butter! I believe the name comes from the fact that you can spread it on toast just like butter–buttering with apples, as it were :-). More accurately, it is somewhere between apple sauce and jam or marmalade; you use it like jam (up to and including in a PB&J, if you like the flavors that way!), but it’s made of very very cooked apples, like applesauce. As a matter of fact, I will mark where you can stop in this recipe and have wonderfully tasty homemade applesauce.