hobnobbing

/HH AA1 B N AA0 B IH0 NG/
verb
  1. 1

    To drink together.

  2. 2

    To associate with in a friendly manner, often with those of a higher class or status.

    โ€œHis favorite spot in the club was the bar, where he could hobnob with the big-wigs.โ€

  3. 3

    To have or have not; to give or take.

  4. 4

    To toast one another by touching glasses.

noun
  1. 1

    A friendly, informal session of talking or drinking.

    โ€œhis hobnobbings with the crowned heads of Europeโ€

Source: https://en.wiktionary.org/wiki/hobnob, https://en.wiktionary.org/wiki/hobnobbing