As an adjective gud
As a noun gaud is
a cheap showy trinket.
As a verb gaud is
(obsolete) to bedeck gaudily; to decorate with gauds or showy trinkets or colours; to paint or gaud
can be to sport or keep festival.
a cheap showy trinket
* 1926 Dalmeny lent me red tabs, Evans his brass hat; so that I had the gauds of my appointment in the ceremony of the Jaffa gate, which for me was the supreme moment of the war. - T. E. Lawrence, Seven Pillars of Wisdom
(obsolete) trick; jest; sport
- an idle gaud
(obsolete) deceit; fraud; artifice
(obsolete) To bedeck gaudily; to decorate with gauds or showy trinkets or colours; to paint.
- Nicely gauded cheeks. — Shakespeare.
Compare (etyl) .
To sport or keep festival.
* Sir T. North
- gauding with his familiars