A voluntary association of persons engaged in the same trade, art, profession or enterprise, such as printers, goldsmiths, wool merchants, etc., united under their own organization. Similar to that of a body which regulates the affairs of its trade or affairs by its own laws and rules and aims to protect and promote the interests of its common vocation through cooperation and organization. In the Middle Ages, these brotherhoods or guilds played an important role in the government of certain states; as in Florence, in the thirteenth century and the following century, where tlicy elected the council of the government of the city. But with the growth of cities and progress in the organization of local government, their importance and prestige have diminished. The meeting place of a guild or association of guilds was called “guildhall”. The word is said to be derived from the Anglo-Saxon “gild” or “money”, a tax or tribute, because each member of society was obliged to pay a tax for its support. In medieval history, these brotherhoods or guilds played an important role in the government of certain states; as in Florence, in the thirteenth century and the following century, where they elected the board of directors of the city. More details on the encyclopedia. The word is said to be derived from the Anglo-Saxon “gild” or “money”, a tax or tribute, because each member of society was obliged to pay a tax for its support. [1] A definition of guild is: a voluntary association of persons who practice the same trade, art, profession or business, such as printers, goldsmiths, artists, wool merchants, etc. More details about the Encyclopedia, united under its own organization, analogous to that of an organization that regulates the affairs of its trade or affairs by its own laws and rules, and aims to protect and promote the interests of its common vocation through cooperation and organization. More details on the encyclopedia. Search or search guild in the American Encyclopedia of Law, Asian Encyclopedia of Law, European Encyclopedia of Law, UK Encyclopedia of Law, or Latin American and Spanish Encyclopedia of Law.

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