hobnob

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hob|nob /h'ɒbnɒb/ (hobnobs hobnobbing hobnobbed)
[VERB] V with n, also V
If you disapprove of the way in which someone is spending a lot of time with a group of people, especially rich and powerful people, you can say that he or she is hobnobbing with them. (INFORMAL)
This gave Bill an opportunity to hobnob with the company's president, board chairman, and leading executives.

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