Revelling, also spelled reveling, is defined as having a great time, or delighting in something.
(verb)
- If you go out to celebrate your graduation and you are drinking, partying and having a great time, this is an example of when you are revelling.
- If you are watching your worst enemy get fired and you are taking great delight in the situation, this is an example of when you are reveling in your enemy's misfortune.