The definition of a guild is a formal group that has a common interest, or a group of craftsman or merchants with mutual interests and standards.
(noun)A group of teachers who have all come together to fight for the shared goal of greater compensation and other employment benefits is an example of a teacher's guild.
See guild in Webster's New World College Dictionary
noun
Origin: ME gild, blend of ON gildi, guild, guild-feast & OE gyld, association (of paying members), akin to OHG gelt, OFris ield, all < base seen in OE gieldan, to pay: see yield
See guild in American Heritage Dictionary 4
also gild
nounOrigin:
Origin: Middle English gild
Origin: , from Old Norse gildi, payment, guild
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