Obs. [ad. med.L. collibium, prob. f. L. collybius exchange of coins, agio, a. Gr. κόλλυβος small coin, rate of exchange, agio; also a small round cake: cf. COLLYBIST. Du Cange derives it from L. collibēre to please, be agreeable, and it is possible that a notion of connection with this helped in establishing the med.L. sense of little present.] A small present.
c. 1450. Mirour Saluacioun, 1770. Smale giftes named collibies wald vnto thaym drawe.