Vélræði

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

vélræði

n. guileful design, deceitful act.

Possible runic inscription in Younger Futhark:ᚢᛁᛚᚱᛅᚦᛁ

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