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
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
Origin: Middle English gild
Origin: , from Old Norse gildi, payment, guild.
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