Daily banter (3)
I believe the answer is:
rag
I believe this is a double definition.
'daily' is the first definition.
(thesaurus)
'banter' is the second definition.
(I know that banter is a more specific form of the action rag)
(Other definitions for rag that I've seen before include "Piece of cloth for student's fun" , "Old music" , "A tattered cloth or university frolic" , "Cloth for wiping" , "Scrap; one lost by the angry" .)