verb

• (intransitive, dated) To consume alcoholic beverages, especially frequently or habitually.
  "A comparison more properly bestowed on those that came to guzzle in his wine cellar."
• (by extension) To consume anything quickly, greedily, or to excess, as if with insatiable thirst; often said of gas-powered vehicles.
  "This car just guzzles petrol."
• (rare) To flow copiously; to spray out.
  "Blood guzzled from the wound."

noun

• (dated, uncountable) Drink; intoxicating liquor.
  "Where squander'd away the tiresome minutes of your evening leisure over seal'd Winchesters of threepenny guzzle! — Tom Brown"
• (dated) A drinking bout; a debauch.
• (dated) An insatiable thing or person.
• (obsolete, British, provincial) A drain or ditch; a gutter; sometimes, a small stream. Also called guzzen.
  "Means't thou that senseless, sensual epicure, / That sink of filth, that guzzle most impure?"