baugr -s, -ar m
1.
ring, armlet (of gold or silver) worn on the wrist, esp. the sacred ring (stallahringr) on the altar in heathen temples, cf. 'baugeiðr' ;
2.
in olden times, before minted gold or silver came into use, such rings were commonly used as a medium of payment; hence 'baugr' simply means money;
3.
fine of varying amount for manslaughter, weregild;
4.
gaff-hook?
5.
in the phrase, eiga (kost) á baugi, to have a (singIe) chance left ; ef sá væri á. baugi, if there were no other chance; þú munt eiga slíkan á baugi brátt, thou wilt soon have the very same chance or lot (viz. death);
6.
the painted circle on a round shield