The name Saxon is an English baby name. In English the meaning of the name Saxon is: Sword. German Meaning: The name Saxon is a German baby name.In German the meaning of the name Saxon is: Dagger; short sword. In the 5th century, the Germanic Saxons frequently invaded Britain.Teutonic Meaning: The name Saxon is a Teutonic baby name. In Teutonic the meaning of the name Saxon is: Swordsman, Knife.erman Meaning: The name Saxon is a German baby name. In German the meaning of the name Saxon is: Dagger; short sword. In the 5th century, the Germanic Saxons frequently invaded Britain.