Source : Webster's Revised Unabridged Dictionary (1913)

Goliard \Gol"iard\, n. [From OF. goliart glutton, buffoon,
   riotous student, Goliard, LL. goliardus, prob. fr. L. gula
   throat. Cf. {Gules}.]
   A buffoon in the Middle Ages, who attended rich men's tables
   to make sport for the guests by ribald stories and songs.

Source : WordNet®

goliard
     n : a wandering scholar in medieval Europe; famed for
         intemperance and riotous behavior and the composition of
         satirical and ribald Latin songs