Beverly \b(e)-ver-ly, bev(e)-rly\ as a girl's name (also used as boy's name Beverly), is pronounced BEV-er-lee. It is of Old English origin, and the meaning of Beverly is "beaver stream or meadow". Originally an English place name and a surname, then used as a given name. Famous as a place name referring to Beverly Hills. The English spelling is usually Beverley. Singer Beverly Sills.