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Derived from the Greek noun πρᾶξις (praxis) meaning "action, exercise" (see PRAXITELES) combined with the Greek noun βουλή (boule) meaning "counsel, advice" as well as "will, determination".

Also compare the Greek verbs βουλεύω (bouleuo) meaning "to take counsel, to deliberate" and βούλομαι (boulomai) meaning "to will, to wish, to prefer".