The Collaborative International Dictionary of English v.0.48:
Construe \Con*strue\ (?; Archaic ?), v. t. [imp. & p. p.
Construed; p. pr. & vb. n. Construing.] [L. construere:
cf. F. construire. See Construct.]
1. To apply the rules of syntax to (a sentence or clause) so
as to exhibit the structure, arrangement, or connection
of, or to discover the sense; to explain the construction
of; to interpret; to translate.
2. To put a construction upon; to explain the sense or
intention of; to interpret; to understand.
Thus we are put to construe and paraphrase our own
words to free ourselves either from the ignorance or
malice of our enemies. --Bp.
And to be dull was construed to be good. --Pope.