She shut the lid before it was too late, leaving the last evil locked inside. Because it was kept inside, we have hope. If it were released, we would all know our miserable futures and probably not go on living. I love the name.
Pandora's name means 'gifted by everyone'. She was made by Hephaestus (Greek for Vulcan). All gods and goddesses gave her gifts like beauty, artistic gifts, etc. She was send to earth as punishment for human being. There was also another Pandora, an ancient goddess of the earth.
Pandora closed the box when she saw which kind of things that were in it, but then she heard a voice from the box, which said it was hope, and that she should let it out. She trusted the voice and from the box hope flew out in the shape of a butterfly. So in some way Pandora could mean faith or trust because she trusted the unknown voice from the box and it turned out to be a good thing.
I think this is a pretty name, but in all the versions I have read, she clapped the lid on just in time to keep hope from escaping, as the other things would quickly have destroyed it. If I'm wrong feel free to correct me, but this is what I have read.
Might I remind some of you out there, Pandora was not evil. She was simply over-curious. However, as ravencel reminded us, Pandora did release hope into the world along with the evil spirits.
I think people forget that when Pandora opened the box and released all the evils into the world, she also released Hope, which was the last to leave the box.