The Collaborative International Dictionary of English v.0.48:
Revel \Rev"el\, n. [OF. revel rebellion, disorder, feast, sport. See Revel, v. i.] A feast with loose and noisy jollity; riotous festivity or merrymaking; a carousal. [1913 Webster] This day in mirth and revel to dispend. --Chaucer. [1913 Webster] Some men ruin . . . their bodies by incessant revels. --Rambler. [1913 Webster] Master of the revels, Revel master. Same as Lord of misrule, under Lord. [1913 Webster]