Sentence:  In Old English, the meaning of wynn is the same. In Old Norse, the etymological equivalents of words beginning with w are spelled with a v, the letter named “<WSD>vend</WSD>” in the Icelandic alphabet. 
Meaning of the word marked with <WSD> tags:  The letter Ꝩ/ꝩ, used in Old Norse, related to the rune wynn (ᚹ, whence also Latin-script Ƿ/ƿ) but with the bowl open at the top, like a y.