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I could be wrong, but it is likely a name of Norwegian or possibly Scandinavian descent, perhaps a Viking name. It can be derived from the name 'Ranulfsson' or 'son of Ranulf.' It's only a guess made with little research. The name split and is also relative to Randolph as a first name, but the last name Ransom was originally used in Old English as a variant of Ranulfsson, I believe.

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13y ago
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Q: Where did the last name ransom come from?
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