plaything, toy -- (an artifact designed to be played with)
toy -- (a nonfunctional replica of something else (frequently used as a modifier); "a toy stove")
toy -- (a device regarded as providing amusement; "private airplanes are a rich man's toy")
miniature, toy -- (a copy that reproduces a person or thing in greatly reduced size)
toy dog, toy -- (any of several breeds of very small dogs kept purely as pets)
Overview of verb toy
The verb toy has 3 senses
dally, toy, play, flirt -- (behave carelessly or indifferently; "Play about with a young girl's affection")
toy, fiddle, diddle, play -- (manipulate manually or in one's mind or imagination; "She played nervously with her wedding ring"; "Don't fiddle with the screws"; "He played with the idea of running for the Senate")
play, toy -- (engage in an activity as if it were a game rather than take it seriously; "They played games on their opponents"; "play the stock market"; "play with her feelings"; "toy with an idea")