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derived from the verb "imbibe", imbibement refers to the object of what is denoted by the verb. In other words, imbibements are the substances consumed during the act of drinking, soaking up, or absorbing (i.e., imbibing).

Imbibements often refer to beverages, especially of the alcoholic type
The party had a fine selection of imbibements, including wine, beer, and virgin margaritas.
by elle renae February 21, 2011