Wyrd
Understanding out dated linguistic properties
Paraphrased
Additional definition
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Dictionary
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Interesting Facts ->
>Fate was a very real concept for many people of this age
>Linked to and evolved from the concept of Karma in hinduism
>The Anglo Saxons believed in a tree that holds the nine worlds upon it's branches, fate is therefore linked to that tree.
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Connections to Beowulf
In this quote Beowulf is including the idea of fate, of wyrd, and how fate rules all things, because of this and because he is so brave he will be able to surpass the challenges ahead of him as he explains to the people of Hrothgar. As seen later on in the story this fate indeed comes to pass.
Connections to Grendel
Grendel is wallowing in the hopelessness of his fate, realizing how everything is set in stone and he cannot escape the concept of "Wyrd" of his fate. It is perhaps this concept that Grendel is cursed with his wyrd that drives him into a mental journey of such torment and anguish, which is one of the main themes in this story.
Differences??
Additional Sources:
http://csis.pace.edu/grendel/projs1e/quotes.htm
http://www.shmoop.com/search/?q=Grendel
http://www.sharecg.com/images/medium/17517.jpg%3C/a%3E%3C/div%3E%3Cdiv%20class=
http://www.sparknotes.com/lit/grendel/section6.rhtml
http://th05.deviantart.net/fs71/PRE/i/2013/023/4/2/yggdrasil_tattoo_by_theelysian-d5siizf.jpg