Definition of wager:

part of speech: verb

To hazard on the issue of an event; to lay a pledge; to bet.

part of speech: noun

An unsettled question whose opposite alternatives are supported by two parties, who lay down stakes to abide the issue of the event; a subject on which bets are laid; a bet; trial by battle.

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The inner part or heart of anything, as of fruit; among founders, the centre part of a mould, meant to keep hollow any casting in metal. ...