About the name ‘Miranda’

The word ‘Miranda’ is not an acronym. It is a proper name (like ‘Ada’).

"Miranda (f). From the Latin meaning ‘to be admired’. This name was
first used by Shakespeare for the heroine of ‘The Tempest’, a young girl
blessed with many admirable qualities. Like other unusual Shakespearean
names it has been used quite frequently in the 20th century."

— Collins Dictionary of First Names,
William Collins and Son Ltd, London, 1967

"O wonder! How many goodly creatures are there here! O brave new world."

— ‘The Tempest’ by William Shakespeare
(from a speech by Miranda, Act 5, Scene 1)

Important Note. When used as the name of a functional programming
system, ‘Miranda’ is a trademark (tm) of Research Software Ltd.

Note that only the first letter of Miranda is upper case — it should
never be written all in capitals.