The art of commerce seems not to benefit both sides, humans and gods, but humans only. Euthyphro, equating pleasant things with gratitude (keCHARISmena, with CHARIS), explains that the gods receive gratitude (i.e, thanks for goods received from them) in the form of presents. Euthyphro does not see why this is a problem, even when Socrates spells the problem out - the holy as the god-beloved has already been refuted, and those things dear to the gods (theois phila) are none other than god-beloved (theophile). With this wordplay the second definition of holy is finally refuted.
