The name Miranda is an American baby name. In American the meaning of the name Miranda is: Worthy of admiration; wonderful. Young innocent girl in Shakespeare's The Tempest raised and educated on an isolated island by magician father. Shakespearean Meaning: The name Miranda is a Shakespearean baby name.In Shakespearean the meaning of the name Miranda is: The Tempest' Daughter to Prospero. Spanish Meaning: The name Miranda is a Spanish baby name. In Spanish the meaning of the name Miranda is: Admirable.he name Miranda is an American baby name. In American the meaning of the name Miranda is: Worthy of admiration; wonderful. Young innocent girl in Shakespeare's The Tempest raised and educated on an isolated island by magician father. Shakespearean Meaning: The name Miranda is a Shakespearean baby name.