wager

Definition of wager

wa´ger   Pronunciation: wā´jẽrd
n.1.
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.
3.That on which bets are laid; the subject of a bet.
Wager of battel
(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
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.
v. t.1.To hazard on the issue of a contest, or on some question that is to be decided, or on some eventuality; to lay; to stake; to bet.
[imp. & p. p. wagered (wā"jẽrd); p. pr. & vb. n. wagering.]
And wagered with him
Pieces of gold 'gainst this which he wore.
- Shak.
v. i.1.To make a bet; to lay a wager.
'T was merry when
You wagered on your angling.
- Shak.

Related Words

adventure, ante, ante up, back, bet on, blind bargain, book, borderline case, call, chance, chance it, chunk, contingency, cover, double contingency, fade, gamble on, game, guess, handbook, hazard, lay, lay a wager, lay down, make a bet, meet a bet, open question, parlay, pass, piece of guesswork, play against, plunge, pot, punt, put on, question, rely on fortune, run a chance, run the risk, see, set, set at hazard, shot, sight-unseen transaction, stand pat, take a chance, take a flier, take chances, tempt fortune, toss-up, touch and go, trust to chance, try the chance, undecided issue, venture
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