The royal baby name has been announced. The new little princess is Charlotte Elizabeth Diana, as announced by Kensington Palace on Monday.

Kate Middleton gave birth to her and Prince William’s baby girl on Saturday. Their precious bundle of joy weighed in at an impressive eight pounds and three ounces.

Speculation about the royal baby name ran rampant–even weeks before she was born. Both Charlotte and Diana were among the strong contenders in most publications. Charlotte was one of the early favorites for the royal baby’s name, mentioned alongside Alice, Victoria, and Alexandra

“The Duke and Duchess of Cambridge are delighted to announce that they have named their daughter Charlotte Elizabeth Diana,” the statement from Kensington Palace reads. “The baby will be known as Her Royal Highness Princess Charlotte of Cambridge.”

Us Weekly reports that when asked the meaning behind the royal baby name, a Kensington Palace rep replied, “We’ll let the names speak for themselves.”

Sound the trumpets for Her Royal Highness Princess Charlotte of Cambridge! http://t.co/ANJmIk5HnC pic.twitter.com/6vJbd1hCwM

— Us Weekly (@usweekly) May 4, 2015

Elizabeth, of course, is no doubt a nod to Prince William’s grandmother, Queen Elizabeth. And Diana is in memory of his late mother, Princess Diana. Charlotte could be a nod to Prince Charles. French in origin, George IV named his only child Charlotte, but she died in childbirth at the age of 21. George III’s wife was Queen Charlotte.

What do you think of the royal baby name Prince William and Kate Middleton have chosen? Charlotte Elizabeth Diana is certainly among the prettier names to come out of the royal family for many years–definitely trumping Beatrice and Eugenie by far.

Welcome to the world, Her Royal Highness Princess Charlotte of Cambridge. You certainly have a lovely name.