A compiler was originally a program that “compiled” subroutines [a link-loader]. When in 1954 the combination “algebraic compiler” came into use, or rather into misuse, the meaning of the term had already shifted into the present one.
Bauer and Eickel 
This book describes techniques, data structures, and algorithms for translating programming languages into executable code. A modern compiler is often organized into many phases, each operating on a different abstract “language.” The chapters of this book follow the organization ...