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Thatcher \th(at)-cher\ as a boy's name is of Old English origin, and the meaning of Thatcher is "roof thatcher". Occupational name. Made famous by former British Prime Minister Margaret Thatcher. Thatcher has 3 variant forms: Thacher, Thatch and Thaxter. For more information, see also the related name Thayer. View a list of the 2 names that reference Thatcher.