What does Ved mean?
From Sanskrit veda (वेद), 'knowledge', the name of the foundational Hindu scriptures. The root sense is 'knowing, sacred knowledge'.
What does Atharv mean?
From Sanskrit atharvan (अथर्वन्), the name of the Atharvaveda and of the ancient sage traditionally said to be the first priest of fire. Commonly taken to mean 'knowledge' or evokes the Vedic fire-priest.