Níð

As defined by A Concise Dictionary of Old Icelandic (Geir Zoëga):

níð Old Icelandic word can mean:

níð

n.

níð

1) contumely, derision (segja e-m ~);

níð

2) libel (yrkja, kveða ~ um e-n);

níð

3) insult by carving a person’s likeness (tréníð) on an upraised post or pole (níðstöng).

Possible runic inscription in Younger Futhark:ᚾᛁᚦ