A mix of two peoples names. You can use this if they are dating or if you want them to me a couple. Just remember don't say it all the time because it will become over used.
Person 1: hey let's date
Person 2: okay. Whats our ship name?
When someone takes two fictional characters and mashes them together. Normally, the person who is most likely to be more dominant would have their name first in the name.
So basically, in a Ship Name (fanfictions) ...
Marah would control Taylor in their relationship so their ship name would be Maylor, not Tarah