Wassail and Drinkhail are both derived from the Anglo-Saxon.
Wassail is equivalent to the phrase, "Your health," of the present day.
The rafters of the great living-room shook with the roar of wassail and of song.
The wassail bowl was a triumph, and the candle of Mr. Pickwick was put out.
It was past midnight when I withdrew from the scene of wassail.
Where is the silver ...