Toasting meaning : To lightly cook by browning via direct exposure to a fire or other heat source. To grill, lightly cook by browning specifically under a grill or in a toaster To engage in a salutation and/or accompanying raising of glasses while drinking alcohol in honor of someone or something. To warm thoroughly. To perform extemporaneous narrative poem or rap. The action of making a toast (celebratory call to drink). The heating of oak panels used to make wine barrels. The process by which something, such as bread, is toasted.