Yours, Etc.: Origins and Uses of 8 Sign-Offs
1550s, from black (adj.) + Middle English male "rent, tribute," from Old English mal "lawsuit, terms, bargaining, agreement," from Old Norse mal "speech, agreement;" related to Old English mæðel "meeting, council," mæl "speech," Gothic maþl "meeting place," from Proto-Germanic *mathla-, from PIE *mod- "to meet, assemble" (see meet (v.)). From the practice of freebooting clan chieftains who ran protection rackets against Scottish farmers. Black from the evil of the practice. Expanded c.1826 to any type of extortion money. Cf. silver mail "rent paid in money" (1590s); buttock-mail (Scottish, 1530s) "fine imposed for fornication."
1852, from blackmail (n.). Related: Blackmailed; blackmailing.