The term 'PLACE TO RAISE YOUR SPIRITS' can be solved by the three-letter word 'PUB'. A PUB is a type of drinking establishment found in many countries, especially in the United Kingdom. It is typically a PLACE where people can go TO socialize and drink alcoholic beverages. Pubs often serve food and provide entertainment such as live music or sports on television. They are also known for their friendly atmosphere and welcoming environment.