Fay is a feminine name of French origin, meaning “fairy.” It is derived from the Old French word faie meaning “fairy,” coming from the Latin fata, which translates to “fate” or “destiny.” Fay has also conjured a selection of enchanting alternative spellings, including Fae, Faye, and Fey, offering parent the choice between various mystical monikers for baby.
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Source: Social Security Administration
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