verb

throw

Host or organize a party or event.

The neighbors throw a party to welcome the new family.

Etymology

Throw developed an informal sense of putting on a social event. The action-word presents hosting as energetically bringing the occasion about.

More examples

throw · throws · threw · thrown · throwing

host: More broadly means receive guests or provide an event's setting.
organize: Organize emphasizes arranging the event rather than giving it as host.