ellipse (n.) Look up ellipse at Dictionary.com
1753, from French ellipse (17c.), from Latin ellipsis "ellipse," also, "a falling short, deficit," from Greek elleipsis (see ellipsis). So called because the conic section of the cutting plane makes a smaller angle with the base than does the side of the cone, hence, a "falling short." First applied by Apollonius of Perga (3c. B.C.E.).