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prosit

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Prosit
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pro⋅sit

  [Eng. proh-sit, -zit]
Use prosit in a Sentence
–interjection
(used as a toast to wish good health to one's drinking companions).
Also, prost.

Origin:
1840–50; < G < L: lit., may it benefit, 3rd person sing. pres. subj. of prodesse to be beneficial
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Based on the Random House Dictionary, © Random House, Inc. 2009.
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Prosit
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pro·sit   (prōst, prō'zĭt)   
interj.  Used as a toast to someone's health while drinking.

[German, from Latin prōsit, may it benefit, third person sing. subjunctive of prōdesse, to benefit; see proud.]
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Word Origin & History

prosit 
1846, toast or expression wishing good health (from 16c., famously a drinking pledge by Ger. students), from L., lit. "may it advantage (you)," third person sing. present subjunctive of prodesse "to do good, be profitable," from pro- "for" + esse "to be."
Online Etymology Dictionary, © 2001 Douglas Harper
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