The name Sly is a Shakespearean baby name. In Shakespearean the meaning of the name Sly is: King Richard III' Christopher Urswick, a priest. 'The Taming of the Shrew' Christopher Sly, a tinker.
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People with this name tend to be idealistic, highly immaginative, intuitive, and spiritual. They seek after spiritual truth and often find it. They tend to be visionary and may inspire others. If they fail to develop their potential, they may become dreamers, or misuse power.