/ · 1894 Brewer’s · K · Knight Rider Street (London)
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So named from the processions of knights from the Tower to Smithfield, where tournaments were held. Leigh Hunt says the name originated in a sign or some reference to the Herald’s College in the vicinity.
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Entry taken from Dictionary of Phrase and Fable, edited by the Rev. E. Cobham Brewer, LL.D. and revised in 1895.