bard (n.) Look up bard at Dictionary.com
"ancient Celtic minstrel-poet," mid-15c., from Scottish, from Old Celtic bardos "poet, singer," from Celtic *bardo-, possibly from PIE *gwredho- "he who makes praises," from root *gwere- (3) "to favor" (see grace (n.)).

In historical times, a term of great respect among the Welsh, but one of contempt among the Scots (who considered them itinerant troublemakers).
All vagabundis, fulis, bardis, ſcudlaris, and ſiclike idill pepill, ſall be brint on the cheek, and ſcourgit with wandis, except thay find ſum craft to win thair living. [from a 16c. list of historical laws of Scottish kings, in Sir James Balfour, "Practicks: Or, a System of the More Ancient Law of Scotland," 1754]
Subsequently idealized by Scott in the more ancient sense of "lyric poet, singer." Poetic use of the word in English is from Greek bardos, Latin bardus, both from Gaulish.