Definition of: junket

(jung′kit) noun
1. A feast, banquet, picnic, or pleasure trip.
2. A trip taken with all expenses paid, usually from public funds: also jun′ket·ing.
3. A delicacy made of curds or of sweetened milk and rennet.
—v.i.
1. To have a feast; banquet.
2. To go on a pleasure trip, especially at public expense.
—v.t.
3. To entertain by feasting; regale. [<AF jonquette rush basket <L juncus rush]