Guild
(noun)
- An association of people with similar interests or aims, especially one formed for mutual aid or protection.
- An organization of people in a particular trade or craft, aimed at protecting their interests and maintaining standards.
Origin:
Middle english: from old english gild "payment, tribute", of west germanic origin; related to dutch gild, german gilde, also to yield.
Examples:
- The actors' guild was formed to protect the rights and interests of actors in the industry.
- The medieval guilds were responsible for setting standards and regulating trade in the cities.
- The writers' guild was established to support and promote the work of its members.
- The artists' guild held regular exhibitions and events to showcase the work of its members.
- The guilds in the Middle Ages played an important role in the development of trade and commerce.