Wager

English

Noun

wager

1. Something deposited, laid, or hazarded on the event of a contest or an unsettled question; a bet; a stake; a pledge.
2. 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.

Verb

to wager

1. To put something up as collateral