Decadence.

Main Entry: dec·a·dence
Pronunciation: 'de-k&-d&n(t)s also di-'kA-
Function: noun
Etymology: Middle French, from Medieval Latin decadentia, from Late Latin decadent-, decadens, present participle of decadere to fall, sink -- more at DECAY
1: the process of becoming decadent : the quality or state of being decadent
2: assembling at a friend's house at the height of summer to snack on homemade bruschetta and imported beer before attacking a gargantuan pile of thick, juicy, tender ribs; conversation hopscotching from political rants to fart jokes to gossip, peals of well-fed laughter ricocheting off the walls of neighbouring buildings; curling up in an overstuffed couch, light of my life at my side, together mesmerized by the long-awaited season premiere of the best show on TV digitally projected onto a six-by-eight foot blank canvas.