hobnob

Short definition from Wiktionary

Noun

1. 1
   A toast made while touching glasses together.
2. 2
   A drinking together.
3. 3
   An informal chat.

Verb

1. 1
   To drink together.
2. 2
   To associate with in a friendly manner, often with those of a higher class or status; to fraternize.
3. 3
   To have or have not; to give or take.
4. 4
   To toast one another by touching glasses.

Adjective

1. 1
   On friendly terms; in friendly association.

Adverb

1. 1
   At random; at a venture; hit and miss.