What does V.C. mean in this passage from Sherlock Holmes?

I’d like to ask about the sentence from The Blanched Soldier by Conan Doyle.

He was Colonel Emsworth's only son—Emsworth the Crimean V.C.—and he had the fighting blood in him,

Can anyone tell me what this abbreviated V. C. represents? I couldn’t find a looks-relevant definition in my dictionary. Is this “victory commander”, since it’s about army and war? Is the “victory commander” a fixed English expression in the first place? Is there any other options that seem to fit here? Thanks.

Almost certainly, it stands for Victoria Cross the top military honor in Britain (and possibly some Commonwealth countries).