nazdraviti

1. (+ dat. or za + acc.) to toast; to drink to
   Nazdravimo mladencima! — Let's drink to the newlyweds!
   Nazdravili smo za njegov novi posao. — We drank to his new job.

The person toasted is in the dative (nazdraviti domaćinu), the occasion usually takes za + acc.; when clinking glasses people say "Živeli!".