Davy is a unisex name of English, Hebrew, Literary, Scottish and Welsh origin. Meaning in English: Beloved or friend. A diminutive of David. Meaning in Hebrew: Cherished; beloved. A literary name from Shakespeare’s King Henry IV, Part 2, where it belongs to servant to the country justice Shallow. Meaning in Scottish: Beloved or friend, adopted from the Hebrew. David was a common name of Scottish kings in the Middle Ages. Meaning in Welsh: Beloved or friend, from the Hebrew. Sixth century St David (or Dewi) was patron saint of Wales. Davy is a short form of David. Famous bearer: American frontiersman Davy Crockett. The name has 4 letters.