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Gild

[gild] Origin

gild

1[gild]
verb (used with object), gild·ed or gilt, gild·ing.
1.
to coat with gold, gold leaf, or a gold-colored substance.
2.
to give a bright, pleasing, or specious aspect to.
3.
Archaic. to make red, as with blood.
4.
gild the lily, to add unnecessary ornamentation, a special feature, etc., in an attempt to improve something that is already complete, satisfactory, or ideal: After that wonderful meal, serving a fancy dessert would be gilding the lily.

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Gild is one of our favorite verbs.
So is peculate. Does it mean:
to steal or take dishonestly (money, esp. public funds, or property entrusted to one's care); embezzle.
to expurgate (a written work) by removing or modifying passages considered vulgar or objectionable.

Origin:
1300–50; Middle English gilden, Old English -gyldan; akin to gold

gild·a·ble, adjective
Dictionary.com Unabridged

gild

2[gild]
noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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World English Dictionary
gild1 (ɡɪld)
 
vb , gilds, gilding, gilded, gilt
1.  to cover with or as if with gold
2.  gild the lily
 a.  to adorn unnecessarily something already beautiful
 b.  to praise someone inordinately
3.  to give a falsely attractive or valuable appearance to
4.  archaic to smear with blood
 
[Old English gyldan, from goldgold; related to Old Norse gylla, Middle High German vergülden]
 
'gilder1
 
n

gild2 (ɡɪld)
 
n
a variant spelling of guild
 
'gildsman2
 
n

guild or gild (ɡɪld)
 
n
1.  an organization, club, or fellowship
2.  (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
3.  ecology a group of plants, such as a group of epiphytes, that share certain habits or characteristics
 
[C14: of Scandinavian origin; compare Old Norse gjald payment, gildi guild; related to Old English gield offering, Old High German gelt money]
 
gild or gild
 
n
 
[C14: of Scandinavian origin; compare Old Norse gjald payment, gildi guild; related to Old English gield offering, Old High German gelt money]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Etymonline
Word Origin & History

gild
O.E. gyldan, from P.Gmc. *gulthianan (cf. O.N. gylla "to guild"), from *gulthan "gold."
Online Etymology Dictionary, © 2010 Douglas Harper
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