paste (n.)

c. 1300 (mid-12c. as a surname), "dough for the making of bread or pastry," from Old French paste "dough, pastry" (13c., Modern French pâte), from Late Latin pasta "dough, pastry cake, paste" (see pasta). Meaning "glue mixture, dough used as a plaster seal" is attested from c. 1400; broader sense of "a composition just moist enough to be soft without liquefying" is by c. 1600. In reference to a kind of heavy glass made of ground quartz, etc., often used to imitate gems, by 1660s.

paste (v.1)

1560s, "to stick with paste or cement;" see paste (n.). Meaning "apply paste to, cover by pasting over" is from c. 1600. Middle English had pasten "to make a paste of; bake in a pastry." Related: Pasted; pasting.

paste (v.2)

"hit hard," by 1846, probably an alteration of baste "beat" (see lambaste) influenced by some sense of paste (n.1). Related: Pasted; pasting.

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Definitions of paste from WordNet
paste (n.)
any mixture of a soft and malleable consistency;
paste (n.)
a hard, brilliant lead glass that is used in making artificial jewelry;
paste (n.)
an adhesive made from water and flour or starch; used on paper and paperboard;
Synonyms: library paste
paste (n.)
a tasty mixture to be spread on bread or crackers or used in preparing other dishes;
Synonyms: spread
paste (v.)
join or attach with or as if with glue;
paste the sign on the wall
cut and paste the sentence in the text
Synonyms: glue
paste (v.)
hit with the fists;
He pasted his opponent
paste (v.)
cover the surface of;
paste the wall with burlap