hobnob

 
Pronunciation: /ˈhɒbnɒb/

verb (hobnobs, hobnobbing, hobnobbed)

[no object] informal
  • mix socially, especially with those of perceived higher social status: he was hobnobbing with the great and good

Origin:

early 19th century (in the sense 'drink together'): from archaic hob or nob, hob and nob, probably meaning 'give and take', used by two people drinking to each other's health, from dialect hab nab 'have or not have'