Margalo \m(a)-rga-lo, mar-galo\ as a girl's name is a variant of Margaret (Greek), and the meaning of Margalo is "pearl".

The baby name Margalo sounds like Margalit, Marigold and Maragold. Other similar baby names are Magali, Maggali, Magaly, Margo, Marga, Marial, Marlo and Marsala.