Widely accepted as being a massive lash-up in which serious and possibly unacceptable amounts of alcohol are consumed; almost always for the enjoyment of others and in most (but not all) cases, the consumer themselves.
A) "This night looks like it has potential to be raucous. Standard boozing is in order to keep the night in check."
B) 'John': "Plans for this evening?"
'Tim': "Standard boozing"
Semi-discreetly alerting your friends about the presence of a person wearing revealing or sexually suggestive attire, generally associated with the sight of breast or nipple.