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It depends whether you are referring to the verb 'to wage' (to do or make) or the verb 'to wag' (swing back and forth, e.g. a dog's tail).

The present participle of 'to wage' is 'waging' (e.g. waging war), and the present participle of 'to wag' is 'wagging' (e.g. wagging his tail). Both participles are formed in the standard way.

See the Discussion page for the same correct information.

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12y ago

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