Wage v. t. [imp. & p. p. Waged p. pr. & vb. n. Waging ]
 1. To pledge; to hazard on the event of a contest; to stake; to bet, to lay; to wager; as, to wage a dollar.
 My life I never but as a pawn
 To wage against thy enemies.   --Shak.
 2. To expose one's self to, as a risk; to incur, as a danger; to venture; to hazard.  “Too weak to wage an instant trial with the king.”
    To wake and wage a danger profitless.   --Shak.
 3. To engage in, as a contest, as if by previous gage or pledge; to carry on, as a war.
  [He pondered] which of all his sons was fit
 To reign and wage immortal war with wit.   --Dryden.
    The two are waging war, and the one triumphs by the destruction of the other.   --I. Taylor.
 4. To adventure, or lay out, for hire or reward; to hire out.  [Obs.]  “Thou . . . must wage thy works for wealth.”
 5. To put upon wages; to hire; to employ; to pay wages to.  [Obs.]
    Abundance of treasure which he had in store, wherewith he might wage soldiers.   --Holinshed.
    I would have them waged for their labor.   --Latimer.
 6. O. Eng. Law To give security for the performance of.
 To wage battle O. Eng. Law, to give gage, or security, for joining in the duellum, or combat.  See Wager of battel, under Wager, n. --Burrill.
 To wage one's law Law, to give security to make one's law.  See Wager of law, under Wager, n.
 wa·ger n.
 1. Something deposited, laid, or hazarded on the event of a contest or an unsettled question; a bet; a stake; a pledge.
    Besides these plates for horse races, the wagers may be as the persons please.   --Sir W. Temple.
    If any atheist can stake his soul for a wager against such an inexhaustible disproportion, let him never hereafter accuse others of credulity.   --Bentley.
 2. Law A contract by which two parties or more agree that a certain sum of money, or other thing, shall be paid or delivered to one of them, on the happening or not happening of an uncertain event.
 Note: ☞ At common law a wager is considered as a legal contract which the courts must enforce unless it be on a subject contrary to public policy, or immoral, or tending to the detriment of the public, or affecting the interest, feelings, or character of a third person. In many of the United States an action can not be sustained upon any wager or bet.
 3. That on which bets are laid; the subject of a bet.
 Wager of battel, or Wager of battle O. Eng. Law, the giving of gage, or pledge, for trying a cause by single combat, formerly allowed in military, criminal, and civil causes. In writs of right, where the trial was by champions, the tenant produced his champion, who, by throwing down his glove as a gage, thus waged, or stipulated, battle with the champion of the demandant, who, by taking up the glove, accepted the challenge. The wager of battel, which has been long in disuse, was abolished in England in 1819, by a statute passed in consequence of a defendant's having waged his battle in a case which arose about that period.  See Battel.
 Wager of law Law, the giving of gage, or sureties, by a defendant in an action of debt, that at a certain day assigned he would take a law, or oath, in open court, that he did not owe the debt, and at the same time bring with him eleven neighbors (called compurgators), who should avow upon their oaths that they believed in their consciences that he spoke the truth.
 Wager policy. Insurance Law See under Policy.
 Wagering contract or gambling contract. A contract which is of the nature of wager.  Contracts of this nature include various common forms of valid commercial contracts, as contracts of insurance, contracts dealing in futures, options, etc.  Other wagering contracts and bets are now generally made illegal by statute against betting and gambling, and wagering has in many cases been made a criminal offence.
 Bat·tel n.  Old Eng. Law A single combat; as, trial by battel. See Wager of battel, under Wager.