A toast speech is a short, celebratory address typically given at social gatherings, such as weddings, anniversaries, or parties. The purpose of a toast is to honor a person or occasion, often expressing good wishes and positive sentiments. Toasts are usually brief, lasting only a few minutes, and are meant to engage the audience while conveying heartfelt messages. During a toast, the speaker may share personal anecdotes or highlight the achievements of the individual being honored. Common elements include raising a glass and inviting guests to join in the toast. Toasts can be formal or informal, depending on the event and the relationship between the speaker and the audience.