The Princess' parents Prince William and Duchess Kate announced the name on Monday.
Prince William first met with Queen Elizabeth to tell her what the latest addition to the British royal family will be named.
Nobody got to know the name before the Prince personally had informed the Queen. Afterwards the rest of the world, on Monday afternoon, got to know that the princess will be named Charlotte Elizabeth Diana.
The princess is thus named after her late grandmother Diana. Diana died in a car crash in Paris in 1997. Before her tragic death, she was one of the most popular and photographed women in the world, and was known as the people's princess.
The newborn princess is also named after her great-grandmother Queen Elizabeth.
Charlotte is the feminine form of Charles. The name became popular in the 18th century when it was the name of George III's wife, Queen Charlotte.
Charles is the name of two former kings, as well as the Prince of Wales, her grandfather.
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Can you say this word?
When this was one of the warmest parts of the country, meteorologist Liam Dutton on Channel 4 had to announce that in ''Llanfairpwllgwyngyllgogerychwy-rndrobwllllantysiliogogogoch'' there was 21 degrees.