"Wassail" is a word in ENGLISH

The liquor used for a wassail; esp., a beverage formerly
much used in England at Christmas and other festivals, made of ale (or
wine) flavored with spices, sugar, toast, roasted apples, etc.; --
called also lamb's wool.

A festive or drinking song or glee.

An ancient expression of good wishes on a festive
occasion, especially in drinking to some one.

To hold a wassail; to carouse.

An occasion on which such good wishes are expressed in
drinking; a drinking bout; a carouse.

Of or pertaining to wassail, or to a wassail; convivial;
as, a wassail bowl.