toast
     n 1: slices of bread that have been toasted
     2: a celebrity who receives much accalim and attention; "he was
        the toast of the town"
     3: a person in desperate straits; someone doomed; "I'm a goner
        if this plan doesn't work"; "one mistake and you're toast"
        [syn: {goner}]
     4: a drink in honor of or to the health of a person or event
        [syn: {pledge}]
     v 1: make brown and crisp by heating; "toast bread"; "crisp
          potatoes" [syn: {crisp}]
     2: propose a toast to; "Let us toast the birthday girl!";
        "Let's drink to the New Year" [syn: {drink}, {pledge}, {salute},
         {wassail}]
Source: WordNet® 2.0

toast 1. n. Any completely inoperable system or component, esp. one
   that has just crashed and burned: "Uh, oh ... I think the serial board
   is toast." (This sense went mainstream around 1993.) 2. vt. To cause a
   system to crash accidentally, especially in a manner that requires
   manual rebooting. "Rick just toasted the {firewall machine} again."
   Compare {fried}.


Source: The Jargon File