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Yaiza is a name from Guanche origin (the Guanches were the old inhabitants of the Canary Islands). It is a place name which has been used as first name in last years, mainly because of a trilogy by Alberto Vázquez Figueroa.

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The place name Yaiza means "one that shares" or "one that divides in two identical halves", according the studies in Guanche onomastics and linguistics.

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"-Yaiza (TIT) (tomado del término municipal correspondiente, antiguo nombre maho) ("la que comparte" "la que divide en dos partes iguales")"

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http://elguanche.net/antroponimosgt.htm

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The meaning "rainbow" or "rainbow princess" appears in non-reliable names webs and books. Probably, this meaning comes from the story in Vázquez Figueroa's books and from some other stories in recent books with characters named Yaiza.

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