Búinn lézk valdr, ef vildi
valmey konungr heyja,
haulda morðs at halda
— herr fell of gram — velli.
Valdr morðs haulda lézk búinn at halda velli, ef konungr vildi heyja valmey; herr fell of gram.
The controller of the killing of men [BATTLE > RULER = Hákon jarl] declared himself ready to hold the field, if the king [Ragnfrøðr] wanted to wage the maiden of the battle-slain [VALKYRIE = Hildr (hildr ‘battle’)]; the host fell around the ruler.
[2] valmey ‘the maiden of the battle-slain [VALKYRIE = Hildr (hildr “battle”)]’: This cpd is the object of heyja ‘wage, hold, carry out’, and the sense ‘battle’ is produced by ofljóst, since a famous valkyrie is Hildr, whose name is also a common noun meaning ‘battle’. See further Notes to Eyv Hál 7/2, ÞjóðA Mfl 8/5, 6II.