Source : Webster's Revised Unabridged Dictionary (1913)

Confabulate \Con*fab"u*late\, v. i. [imp. & p. p.
   {Confabulated}; p. pr. & vb. n. {Confabulating}.] [L.
   confabulatus, p. p. of confabulary, to converse together;
   con- + fabulary to speak, fr. fabula. See {Fable}.]
   To talk familiarly together; to chat; to prattle.

         I shall not ask Jean Jaques Rousseau If birds
         confabulate or no.                       --Cowper.

Source : WordNet®

confabulate
     v 1: unconsciously replace fact with fantasy in one's memory
     2: talk socially without exchanging too much information; "the
        men were sitting in the cafe and shooting the breeze"
        [syn: {chew the fat}, {shoot the breeze}, {chat}, {confab},
         {chitchat}, {chatter}, {chaffer}, {natter}, {gossip}, {jaw},
         {claver}, {visit}]
     3: have a conference in order to talk something over; "We
        conferred about a plan of action" [syn: {confer}, {confab},
         {consult}]