Philip \ph(i)-lip\ as a boy's name is pronounced FIL-ip. It is of Greek origin, and the meaning of Philip is "horse lover". Biblical: one of the 12 apostles. Common since early Christian times. Philippe (fil-LEEP) is a French form. Britain's Prince Philip; Crown Prince Felipe of Spain; painter Filippo Lippi; playwright Philip Barry; talk show host Phil Donahue; actor Philip Seymour Hoffman; author Philip Roth; football player Phil Simms.