Save Type Settlement Usage English Meaning & HistoryExpand Links Derived from the Old Norse byname Koli (an Old Danish form of Kolr) and býr meaning "farm, settlement". This is the name of a small town in Norfolk, England. Related NamesFamily Tree·Details RootsKolr + býrGiven Name DescendantsColby, Kolby(English) Surname DescendantColby(English)