IPA: /ˈɛpənɪm/
KK: /ˈɛpəˌnɪm/
A person whose name is used to name something, or a word that comes from a person's name.
The term 'sandwich' is an eponym that comes from the name of the Earl of Sandwich.
Eponym → It is formed from "epi-" (meaning upon) and "onuma" (meaning name). The word refers to a name that is derived from a person, as in being named after someone or something.
Think of a name that is 'upon' ('epi-') someone or something — that's why an eponym is a name derived from a person.