The hall or place of meeting of a guild, or gild. The place of meeting of a municipal corporation. 3 Steph. Comm. 173, note. The mercantile or commercial gilds of the Saxons are supposed to have given rise to the present municipal corporations of England, whose place of meeting is still called the “Guildhall.” Guildhall sittings. The sittings held in the Guildhall of the city of London for city of London causes.