lofe.

Inherited from Middle English lofe, lof (“praise, price”), from Old English lof (“praise, glory, repute, song of praise, hymn”), from Proto-West Germanic *lob, from Proto-Germanic *lubą (“praise, permission”), from Proto-Indo-European *lewbʰ- (“to love, like”) (and thence a distant cognate of English love). Cognate with Scots lofe (“an offer”), North Frisian lof (“praise”), Dutch lof (“praise, glory, commendation”), German Lob (“praise, commendation, tribute”), Icelandic lof (“praise”). For semantic development, perhaps compare etymology of praise and its senses.

Inherited from Middle English loven (“to praise, set a price on”), from Old English lofian (“to praise, exalt, appraise, value, set a price on”), from Proto-West Germanic *lobōn, from Proto-Germanic *lubōną (“to praise, vow”), from Proto-Indo-European *lewbʰ- (“to love, like”). Cognate with Scots loave (“to offer at a price”), North Frisian lowe (“to vow, swear”), Dutch loven (“to praise, bless, commend”), German loben (“to praise, laud, commend”), Icelandic lofa (“to promise, praise, allow”).