Wassail is a hot, spiced punch often associated with Yuletide. Particularly popular in Germanic countries, the term itself is a contraction of the Middle English phrase wæs hæil, meaning "be healthy". The origins of the practice of wassailing are closely connected with the history of the wassail.
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wassail To raise one's glass and touch it against another person's (usually at a celebration meal, etc. and usually with the word, "cheers").