verb intransitiveWord forms: ˈhobˌnobbed or ˈhobˌnobbing
to drink together
Webster’s New World College Dictionary, 4th Edition. Copyright © 2010 by
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Word origin of 'hobnob'earlier habnab, lit., to have and not have < ME habben, to have + nabben (< ne habben), not to have, esp. with reference to alternation in drinking