[3, 4] gildir vafs handar ‘the payer of the coil of the arm [ARM-RING > GENEROUS MAN = Hákon]’: This reflects derivation of gildir from gilda ‘give value, validate’ or gjalda ‘to pay’ (Meissner 293-4; cf. Hkr 1893-1901, IV). The heiti vaf ‘coil, wrapper’ occurs only twice in the poetic corpus (Finnur Jónsson 1884, 88-9; cf. AEW: vaf).