This meaning refers to a flavored fizzy drink, usually sold in cans or bottles.
He ordered a burger and a soda.
This soda contains too much sugar.
This meaning refers to water containing dissolved carbon dioxide.
Mix the juice with soda.
He ordered whisky and soda.
This meaning appears in compound names for sodium-based substances such as baking soda and washing soda.
Baking soda helps the dough rise.
Washing soda is used for cleaning.