Origin of guild
Examples from the Web for guilds
They operate in a realm largely untouched by legislation, unions, and guilds.Amazon’s Turkers Kick Off the First Crowdsourced Labor Guild|Kevin Zawacki|December 3, 2014|DAILY BEAST
But in 1429 banners had ceased to be used save in corporations, guilds, and parishes, borne only before the armies of peace.The Life of Joan of Arc, Vol. 1 and 2 (of 2)|Anatole France
Workmen ruined by the dissolution of the guilds were added to the ranks of the unhappy.The Beginners of a Nation|Edward Eggleston.
The period since the breakdown of the Guilds has been a period of national and international economy.Guilds in the Middle Ages|George Renard
Word Origin for guild
early 13c., yilde (spelling later influenced by Old Norse gildi "guild, brotherhood"), a semantic fusion of Old English gegyld "guild" and gild, gyld "payment, tribute, compensation," from Proto-Germanic *gelth- "pay" (cf. Old Frisian geld "money," Old Saxon geld "payment, sacrifice, reward," Old High German gelt "payment, tribute;" see yield (v.)).
The connecting sense is of a tribute or payment to join a protective or trade society. But some see the root in its alternative sense of "sacrifice," as if in worship, and see the word as meaning a combination for religious purposes, either Christian or pagan. The Anglo-Saxon guilds had a strong religious component; they were burial societies that paid for masses for the souls of deceased members as well as paying fines in cases of justified crime. The continental custom of guilds of merchants arrived after the Conquest, with incorporated societies of merchants in each town or city holding exclusive rights of doing business there. In many cases they became the governing body of a town (cf. Guildhall, which came to be the London city hall). Trade guilds arose 14c., as craftsmen united to protect their common interest.
Organizations of artisans in the Middle Ages that sought to regulate the price and quality of products such as weaving and ironwork. Guilds survived into the eighteenth century.