Source : Webster's Revised Unabridged Dictionary (1913)

Jollification \Jol`li*fi*ca"tion\, n. [Jolly + L. -ficare (in
   comp.) to make. See {-fy}.]
   A merrymaking; noisy festivity. [Colloq.]

         We have had a jollification or so together. --Sir W.
                                                  Scott.

Source : WordNet®

jollification
     n : a boisterous celebration; a merry festivity [syn: {merrymaking},
          {conviviality}]