[f. TOAST v.2 + -EE.] One who is toasted, or whose health is being drunk.
1840. New Monthly Mag., LVIII. 530. He had been eating the toastees mutton throughout the whole oration.
1845. Bradford Observer, 16 Jan., 7/4. The toastee (there is no law against coining words as against coining half-crowns) is in duty bound to return thanks, which process he performs by disclaiming seriatim all the flattery lavished upon him, and too often winding up by plastering it more upon another, who in turn repeats the interesting operation.
1852. R. S. Surtees, Sponges Sp. Tour, xliv. The various intonations that mark the feelings of the speaker towards the toastee.