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Meaning of loving cup

lov'ing cup"

Pronunciation: [key]
  1. a large cup, as of silver, usually with two or more handles, given as a prize, award, token of esteem or affection, etc.
  2. a wine cup, usually of large size with several handles, passed from one person to another, as at a farewell gathering.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.