GUILD, noun gild. In England, a society, fraternity or company, associated for some purpose, particularly for carrying on commerce. The merchant-guilds of our ancestors, answer to our modern corporations. They were licensed by the king, and governed by laws and orders of their own. Hence the name Guild-hall, the great court of judicature in London. GUID'ABLE, adjective Liable to a tax.
Source: Webster's 1828 American Dictionary ↗ · public-domain · returned verbatim, no AI