Source : Webster's Revised Unabridged Dictionary (1913)

Junket \Jun"ket\, n. [Formerly also juncate, fr. It. giuncata
   cream cheese, made in a wicker or rush basket, fr. L. juncus
   a rush. See 2d {Junk}, and cf. {Juncate}.]
   1. A cheese cake; a sweetmeat; any delicate food.

            How Faery Mab the junkets eat.        -- Milton.

            Victuals varied well in taste, And other junkets. --
                                                  Chapman.

   2. A feast; an entertainment.

            A new jaunt or junket every night.    -- Thackeray.

Junket \Jun"ket\, v. i.
   To feast; to banquet; to make an entertainment; -- sometimes
   applied opprobriously to feasting by public officers at the
   public cost.

         Job's children junketed and feasted together often. --
                                                  South.

Junket \Jun"ket\, v. t. [imp. & p. p. {Junketed}; p. pr. & vb.
   n. {Junketing}.]
   To give entertainment to; to feast.

         The good woman took my lodgings over my head, and was
         in such a hurry to junket her neighbors. -- Walpole.

Source : WordNet®

junket
     n 1: dessert made of sweetened milk coagulated with rennet
     2: a journey taken for pleasure; "many summer excursions to the
        shore"; "it was merely a pleasure trip"; "after cautious
        sashays into the field" [syn: {excursion}, {jaunt}, {outing},
         {pleasure trip}, {expedition}, {sashay}]
     3: a trip taken by an official at public expense
     v 1: go on a pleasure trip
     2: provide a feast or banquet for [syn: {feast}, {banquet}]
     3: partake in a feast or banquet [syn: {feast}, {banquet}]