The Collaborative International Dictionary of English v.0.48:

Palter \Pal"ter\, v. i. [imp. & p. p. Paltered; p. pr. & vb.
   n. Paltering.] [See Paltry.]
   1. To haggle. [Obs.] --Cotgrave.
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   2. To act in insincere or deceitful manner; to play false; to
      equivocate; to shift; to dodge; to trifle.
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            Romans, that have spoke the word,
            And will not palter.                  --Shak.
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            Who never sold the truth to serve the hour,
            Nor paltered with eternal God for power. --Tennyson.
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   3. To babble; to chatter. [Obs.]
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WordNet (r) 3.0 (2006):

paltering
    n 1: a trivial act of lying or being deliberately unclear [syn:
         fibbing, paltering]