a valued object deposited as a guarantee of good faith.
a pledge, especially a glove, thrown down as a symbol of a challenge to fight.
verb
[with object]
offer (an object or one’s life) as a guarantee of good faith:a guide sent to them by the headman of this place gaged his life as a forfeit if he failed
Origin:
Middle English: from Old French gage (noun), gager (verb), of Germanic origin; related to wage and wed