Last toast to English with first drink (3)
I believe the answer is:
tea
'drink' is the definition.
(tea is a drink)
'last toast to english with first' is the wordplay.
'last' suggests the final letters.
'to english' becomes 'e' (abbreviation).
'with' says to put letters next to each other.
'first' becomes 'a' ().
The last letter of 'toast' is 't'.
't'+'e'+'a'='TEA'
(Other definitions for tea that I've seen before include "Cha" , "Food" , "Tisane" , "Infused leaves" , "Infusion of dried leaves" .)