Bait: (verb) [with object] prepare (a hook, trap, net, or fishing area) with bait to entice fish or animals as prey; an allurement or a thing intended to tempt or entice
Can you bait my hook for me?
She is baiting me with all of this delicious food.
Bated: (adjective) [in phrase with bated breath] in great suspense; very anxiously or excitedly
I waited with bated breath for her answer to my proposal.
Origin
Late 16th century: from the past participle of obsolete bate ‘restrain’, from abate.
Source: https://en.oxforddictionaries.com/
Fun Fact
The phrase "bated breath" was created by William Shakespeare and first appeared in his play The Merchant of Venice.