toy (n.) Look up toy at Dictionary.com
c.1300, "amorous playing, sport," later "piece of fun or entertainment" (c.1500), "thing of little value, trifle" (1520s), and "thing for a child to play with" (1580s). Of uncertain origin, and there may be more than one word here. Cf. Middle Dutch toy, Dutch tuig "tools, apparatus, stuff, trash," in speeltuig "play-toy, plaything;" German Zeug "stuff, matter, tools," Spielzeug "plaything, toy;" Danish tøi, Swedish tyg "stuff, gear."
toy (v.) Look up toy at Dictionary.com
1520s, from toy (n.).
If he be merie and toy with any,
His wife will frowne, and words geve manye.
["Song of the Bachelor's Life," 16c.]
Related: Toyed; toying.