Naestved, a town of Denmark, in the amt (county) of Praestd, near the S.W. coast of Zealand, 59 m. by rail S.W. of Copenhagen. Pop. (1901) 7162. From 1140 to the Reformation it was one of the most important towns of the kingdom, though dependent upon the monastery of St Peter (founded here in 1135). North of the town (14 m.) lies Herlufsholm, where Admiral Herluf Trolle founded a Latin school in 1567, still extant.