Sentence:  "Now tell me, when do you mean to have your <WSD>coming-out party</WSD>? I ask because I've nothing ready and want plenty of time, for I suppose it will be the event of the season." 
Meaning of the word marked with <WSD> tags:  A celebratory social gathering, with music, dancing, and refreshments, at which a young debutante is formally introduced to society.