what is guild system
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A guild /ɡɪld/ is an association of artisans or merchants who oversee the practice of their craft/trade in a particular area. The earliest types of guild formed as a confraternities of tradesmen, normally operating in a single city and covering a single trade.
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1. an organization of persons with related interests, goals, etc., especially one formed for mutual aid or protection. 2. any of various medieval associations, as of merchants or artisans, organized to maintain standards and to protect the interests of its members, and that sometimes constituted a local governing body.
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