Definition of the loyal toast noun from the Oxford Advanced Learner's Dictionary

 

the loyal toast

 noun
noun
BrE
 
; NAmE
 
[usually singular]
 
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(in Britain) a toast (= an act of raising your glass and drinking at the same time as other people) at a formal dinner, to show loyalty to the queen or king. People say 'the Queen' or 'the King' and then drink.