Something to play with, especially as intended for use by a child.

“A grown man does not play with a child’s toy.”

A thing of little importance or value; a trifle.

A simple, light piece of music, written especially for the virginal.

To play (with) in an idle or desultory way.

“Figo is toying with the English defence.”

To ponder or consider.

“I have been toying with the idea of starting my own business.”

To stimulate with a sex toy.