hire (n.)

"payment for work, use, or services; wages," from late Old English hyr "wages; interest, usury," from the verb or from a Proto-Germanic *hurja- (see hire (v.)). Cognate with Old Frisian here, Dutch huur, German heuer, Danish hyre.

hire (v.)

Old English hyrian "pay for service, employ for wages, engage," from Proto-Germanic *hurjan (source also of Danish hyre, Old Frisian hera, Dutch huren, German heuern "to hire, rent"), of uncertain origin. Reflexively, "to agree to work for wages" from mid-13c. Related: Hired; hiring.

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