Ræði

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

ræði

n. rule, management.

Possible runic inscription in Younger Futhark:ᚱᛅᚦᛁ

Also available in related dictionaries:

This headword also appears in dictionaries of other languages closely related to Old Icelandic.

• Old Norse - Cleasby & Vigfusson Dictionary
• Old Norwegian - Johan Fritzner's Dictionary