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Related to gild: gild the lily
1. (esp in medieval Europe) an association of men sharing the same interests, such as merchants or artisans: formed for mutual aid and protection and to maintain craft standards or pursue some other purpose such as communal worship
2. Ecology a group of plants, such as a group of epiphytes, that share certain habits or characteristics
A place of assembly for a society of craftsmen or merchants for their mutual assistance; an outgrowth of similar medieval organizations or guilds.