A mention of name in literature is almost always likely to recall the question Juliet posed to Romeo about his family name Montague in William Shakespeare´s Romeo and Juliet. In reading creative works we tend to identify characters basically by the names given to them. It is on this basic premise that some character analysis methods tend to define characters by taking recourse to their names and sometimes identifying them in metaphorical terms or as speaking names. Names play a very central and important role in any reading exercise and so would certainly the names given to characters be of importance to us. These are linguistic or semiotic signs that play a very crucial role in the overall linguistic structure of a literary text or its signification. Decoding of the names therefore becomes an important critical engagement in as far as it helps the reader in his deciphering of the text in which the names are. Characters´ names, as this article will show, can be used artistically to achieve a number of goals like encoding a central trait in a particular character´s signification, embracing crucial thematic motifs, ideological toning as well as even showing the particular writer´s point of view. Some of these qualities are easily lost in translation.