Etymology of the name Timaeus

The Greek name Timaeus comes from the word τιμη (time), meaning value:

Excerpted from: Abarim Publications' Biblical Dictionary

τιμη

The noun τιμη (time) describes something that is dear, valuable or honorable. It stems from the verb τιω (tio), to honor, revere, prize highly or simply: to value or price. Both this verb and its noun speak of an intimate knowledge of the thing assessed, and an intimate knowledge of the item's usefulness relative to the economy at large.

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Timaeus meaning

For a meaning of the name Timaeus, both NOBSE Study Bible Name List, and Liddell and Scot (A Greek-English Lexicon) read Highly Prized.