Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • interj. Used as a toast to someone's health while drinking.

from the GNU version of the Collaborative International Dictionary of English

  • interj. Lit., may it do (you) good; -- a salutation used in well wishing, esp. among Germans, as in drinking healths; -- also used in the contracted form prost.

from The Century Dictionary and Cyclopedia

  • Good luck to you: a salutation used in drinking healths and otherwise among Germans and Scandinavians, especially among university students.

Etymologies

German, from Latin prōsit, may it benefit, third person sing. subjunctive of prōdesse, to benefit; see proud.
(American Heritage® Dictionary of the English Language, Fourth Edition)

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