drinking; the act or state of consuming a beverage (often alcoholic)
彼は飲みが早いので、すぐ酔ってしまう。
He drinks quickly, so he gets drunk easily.
飲みはほどほどにしておきなさい。
Keep your drinking in moderation.
週末の飲みで久しぶりに会った。
We met up for drinks over the weekend.
spigot; tap on a cask or container (older or specialized usage)
酒樽の飲みをゆっくり開けた。
He slowly opened the spigot on the sake cask.
stock-market bucketing — a specialized term for certain trading/bookkeeping practices
証券業界では『飲み』という業務慣行が問題になったことがある。
There have been cases where the practice called 'nomi' in the securities industry became an issue.
bookmaking; the act of taking or holding wagers (specialized gambling term)
競馬場の裏では飲みが横行していたという噂がある。
There are rumors that bookmaking was rampant behind the scenes at the racetrack.