Read the dictionary definition of wassail. All definitions for this word.
1. a punch made of sweetened ale or wine heated with spices and roasted apples; especially at Christmas
2. propose a toast to
1. Let us toast the birthday girl!
2. Let's drink to the New Year
3. celebrate noisily, often indulging in drinking; engage in uproarious festivities
1. The members of the wedding party made merry all night
2. Let's whoop it up--the boss is gone!