A party drink (3)
I believe the answer is:
tea
This clue is a double definition.
'a party' is the first definition.
(I know that tea is a type of reception)
'drink' is the second definition.
(tea is a drink)
(Other definitions for tea that I've seen before include "Beverage from leaves" , "going to pot?" , "Dried leaf infusion" , "Light afternoon meal" , "Evening meal - eat up" .)