steelyard noun¹. ['sti:ljɑ:d] L15.
[from STEEL noun¹ + YARD noun¹, mistranslating Middle High German stālhof, from stāl sample, pattern + hof courtyard.]
Hist. The place on the north bank of the River Thames above London Bridge where the Merchants of the Hanse had their establishment; transf. the merchants collectively. Also, a similar establishment in a provincial town; a tavern within the precincts of the London steelyard where Rhenish wine was sold.

[TahlilGaran] English Dictionary ▲

steelyard noun². ['sti:ljɑ:d] M17.
[from STEEL noun¹ + YARD noun².]
sing. & in pl. A balance consisting of a lever with unequal arms which moves on a fulcrum, the article to be weighed being suspended from the shorter arm and a counterpoise slid along the longer arm until the lever balances, a graduated scale on this arm showing the weight. Also called Roman balance.

[TahlilGaran] English Dictionary ▲