Philip = "lover of horses"
derivation: from (5384) and (2462)
http://bible.crosswalk.com/Lexicons/Greek/grk.cgi?number=5376&version=kjv

(5384)
1] friend, to be friendly to one, wish him well
   1.a] a friend
   1.b] an associate
   1.c] he who associates familiarly with one, a companion
   1.d] one of the bridegroom's friends who on his behalf asked the hand of the bride and rendered him various services in closing the marriage and celebrating the nuptials
http://bible.crosswalk.com/Lexicons/Greek/grk.cgi?number=5384&version=kjv

(2462)
1] a horse
http://bible.crosswalk.com/Lexicons/Greek/grk.cgi?number=2462&version=kjv

A link to each occurrence of this word in the homepage:
1] Philip
2] Philip