Wā'ger-ing, p. a.

Hazarding; pertaining to that which is hazarded.

Wagering policy (Com.), a policy of insurance, insuring a sum of money when no property is at hazard; as a policy to insure money on a ship when no property is on board; that is, insurance, interest or no interest; or a policy to insure property which is already insured. Such policies, in England, are, by statute 19 Geo. III., made null and void.