gage 1 
(gāj)
(gāj)n.
1. Something deposited or given as security against an obligation; a pledge.
2. Something, such as a glove, that is offered or thrown down as a pledge or challenge to fight.
3. A challenge.
tr.v. gaged, gag·ing, gag·es
Archaic
Archaic
1. To pledge as security.
2. To offer as a stake in a bet; wager.
[Middle English, from Old French, of Germanic origin.]