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Meghan Markle has just given birth to her baby girl and you won't believe the gorgeous name she and Prince Harry chose.

The couple welcomed the newest member of their family, Lilibet “Lili” Diana Mountbatten-Windsor early on Friday morning, and there's a whole lot of meaning to that name.

Lilibet comes from Prince Harry's grandmother, Queen Elizabeth II, whose childhood nickname was “Lilibet.” The name arose because the queen couldn't pronounce her own name when she was a toddler, so her grandfather, King George V, imitated her own attempts to say “Elizabeth” and it stuck. Her Royal Majesty's late husband, Prince Philip, also affectionately used the nickname, and when he passed away back in April, the queen left a letter on his casket that was signed with the pet name.

Meanwhile, there is another connection to the royal family in the newborn's name. According to a report from Town & Country, “Her middle name, Diana, was chosen to honor her beloved late grandmother, The Princess of Wales.”

The Duke and Duchess of Sussex first announced Markle's pregnancy on Valentine's Day, with a gorgeous black-and-white photo from photographer Misan Harriman, and we at PureWow were quick to notice that the announcement was another instance of the couple honoring the late Princess of Wales.

Prince Harry and Meghan Markle gave a shoutout to Diana by announcing Markle's second pregnancy on the same day that news broke that Princess Diana was pregnant with Prince Harry back in 1984.

When you're named after this many amazing women, you're destined to be pretty outstanding yourself. Welcome, baby Lili!

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RELATED: Breaking Down the Meaning Behind Royal Baby Name 'Archie Harrison Mountbatten-Windsor'

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