Meanings
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1
verb
to associate or socialize familiarly, especially with important or high-status people
At the reception, young reporters hobnobbed with senior diplomats.
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2
verb
archaic: to drink or toast together
The old friends hobnobbed over a bottle beside the fire.
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3
noun
archaic: an informal social chat or a drinking together
Their evening hobnob continued long after the inn had closed.
Thesaurus
Etymology
From hob or nob, a drinking invitation meaning roughly "give or take" or "have or have not," related to dialectal hab nab and ultimately Old English habban ("to have") and nabban ("not to have"). The sequence moved from taking turns in a toast, to drinking together, and then to familiar social association.