What were the guilds of merchants called?

What were the guilds of merchants called?

Known as collegium, collegia or corpus, these were organised groups of merchants who specialised in a particular craft and whose membership of the group was voluntary.

What is a medieval merchant?

A medieval merchant was a business-person that would travel to trade goods with other villages. A medieval merchant would source his supplies and sell them to various customers at markets or medieval fairs.

What was a guild in medieval times?

Guilds are defined as associations of craftsmen and merchants formed to promote the economic interests of their members as well as to provide protection and mutual aid. As both business and social organizations, guilds were prolific throughout Europe between the eleventh and sixteenth centuries.

What is the medieval merchant and craft guilds?

Guilds of merchants and craft workers were formed in medieval Europe so that their members could benefit from mutual aid, production standards could be maintained and competition was reduced. In addition, by members acting collectively, they could achieve a certain political influence.

What do medieval merchants sell?

Medieval merchants began to trade in exotic goods imported from distant shores including spices, wine, food, furs, fine cloth (notably silk), glass, jewellery and many other luxury goods. Market towns began to spread across the landscape during the medieval period.

What do you understand by guild?

Definition of guild 1 : an association of people with similar interests or pursuits especially : a medieval association of merchants or craftsmen. 2 : a group of organisms that use the same ecological resource in a similar way a feeding guild.

What is an example of a guild?

Types of Guilds Examples include weavers, dyers, armorers, bookbinders, painters, masons, bakers, leatherworkers, embroiderers, cobblers (shoemakers), and candlemakers. These were called craft guilds. There also were merchant guilds.