Alfred \a-lf-red, al-fred\ as a boy's name is pronounced AL-fred. It is of Old English origin, and the meaning of Alfred is "elf or magical counsel". A rather common name before the Norman Conquest of Britain, being the name of Alfred the Great (ninth century), King of Wessex. Queen Victoria named her second son Alfred. The name was revived in the 19th century, but has faded since. An unlikely choice to parents due to gap-toothed Alfred E. Neuman from "Mad Magazine". Alfie is a pet form; Alfredo (al-FRAY-doh) is the Latin form. Poet Alfred Tennyson; movie director Alfred Hitchcock.
For more information, see also the related name Alured.