A friendly association or community of people sharing similar interests, or a funded position for advanced study and research. The condition of sharing mutual interests and companionship.
From Old English 'feolaga' meaning 'partner' or 'one who lays down money with another,' combined with '-ship' suffix. 'Fellow' originally meant business partner (one who 'laid down' money jointly). The academic sense developed in medieval universities where scholars formed communities.
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