bonfire

Short definition from Wiktionary

Noun

1. 1
   A large, controlled outdoor fire lit to celebrate something or as a signal.
2. 2
   A fire lit outdoors to burn unwanted items; originally (historical), heretics or other offenders, or banned books; now, generally agricultural or garden waste, or rubbish.
3. 3
   Something like a bonfire (sense 1 or 2) in heat, destructiveness, ferocity, etc.
4. 4
   A fire lit to cremate a dead body; a funeral pyre.

Verb

1. 1
   To destroy (something) by, or as if by, burning on a bonfire; (more generally) to burn or set alight.
2. 2
   To fire (pottery) using a bonfire.
3. 3
   To start a bonfire in (a place); to light up (a place) with a bonfire.
4. 4
   To make, or celebrate around, a bonfire.