chummery
n.— «PG accommodations, working people’s hostels, messes are fast making ways for what is known as called chummery, a new buzzword among host of urban professionals.…Most of such “mixed” apartments are owned and maintained by companies and those looking for stories of orgies may not get the “right stuff”. Many MNCs provide mixed chummeries not only to cut costs but also to provide busy youngsters with an opportunity to strike up a sustainable rapport beyond confines of the office chambers.» —“Mixed Company” by Annam Suresh The Statesman (Kolkata, India) July 10, 2005. (source: Double-Tongued Dictionary)