guild
guild
noun \ˈgild\Definition of GUILD
Variants of GUILD
Examples of GUILD
- <after his apprenticeship, he was able to join the stonemasons' guild>
Origin of GUILD
Related to GUILD
- Synonyms
- board, brotherhood, chamber, club, college, congress, consortium, council, fellowship, fraternity, association (also gild), institute, institution, league, order, organization, society, sodality
guild
noun (Concise Encyclopedia)Association of craftsmen or merchants formed for mutual aid and for the advancement of their professional interests. Guilds flourished in Europe between the 11th and 16th century and were of two types: merchant guilds, including all the merchants of a particular town or city; and craft guilds, including all the craftsmen in a particular branch of industry (e.g., weavers, painters, goldsmiths). Their functions included establishing trade monopolies, setting standards for quality of goods, maintaining stable prices, and gaining leverage in local governments in order to further the interests of the guild. Craft guilds also established hierarchies of craftsmen based on level of training (e.g., masters, journeymen, and apprentices).
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