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The Collaborative International Dictionary of English v.0.48:

Gage \Gage\, v. t. [imp. & p. p. Gaged (g[=a]jd); p. pr & vb. n. Gaging (g[=a]"j[i^]ng).] [Cf. F. gager. See Gage, n., a pledge.] 1. To give or deposit as a pledge or security for some act; to wage or wager; to pawn or pledge. [Obs.] [1913 Webster] A moiety competent Was gaged by our king. --Shak. [1913 Webster] 2. To bind by pledge, or security; to engage. [1913 Webster] Great debts Wherein my time, sometimes too prodigal, Hath left me gaged. --Shak. [1913 Webster]