fem. proper name, from Spanish, abbreviation of Maria de las Mercedes "Mary of the Mercies," from plural of merced "mercy, grace," from Latin mercedem (nominative merces) "hire, pay, wage, salary; rent, income; a price for anything;" see mercy. The early Christians gave a spiritual meaning to the purely financial classical senses of the Latin word, which also, in its original senses, entered Middle English as mercede "wages" (late 14c.).
updated on December 26, 2018