What is the history behind the word toasting as in saluting one another with a drink?

Answer 1

A toast is a ritual in which a drink is taken as an expression of honor or goodwill. The term may be applied to the person or thing so honored, the drink taken, or the verbal expression accompanying the drink. Thus, a person could be "the toast of the evening," for whom someone "proposes a toast" to congratulate and for whom a third person "toasts" in agreement.