Pronunciation: [wˈiːɡ] (IPA) 
The word "Waeg" is a difficult one to spell as it doesn't follow typical English phonetic rules. The correct pronunciation is /weɡ/, with the initial "w" sound followed by the diphthong "ae" pronounced as /eɪ/. The final "g" is silent, making it a one-syllable word. In writing, it may be helpful to remember that the "a" and "e" combine to make a single vowel sound, and to focus on the initial "w" and ending consonant sound.
There is no established dictionary definition for the word "Waeg." It appears to be a term that does not exist in the English language or any widely recognized language. It might be a made-up word or a term that is specific to a niche community, slang, or jargon.
Without further context or information, it is difficult to ascertain the precise meaning or origin of "Waeg." It is worth noting that many words have multiple meanings or can be used in different ways depending on the context or region. However, it is essential to consider the specificity and clarity of the term when communicating with others.
If "Waeg" is a term used in a particular field or community, it is advisable to consult experts or members of that community to gain a better understanding of its meaning. Additionally, referencing resources such as specialized glossaries, forums, or online communities might provide more insights into the term's definition or usage.
Overall, without additional information or usage examples, it is challenging to provide a 200-word dictionary definition for a term like "Waeg."
