Talk:Players and Pieces/@comment-5426254-20130906024500/@comment-67.161.98.127-20130906051154

It's actually a word created out of the first letters of the team members' first names. Like how the quartet of Jaune, Nora, Pyrrha, and Ren was named "Team JNPR" (pronounced "Juniper".) And, of course, how the quartet Ruby, Weiss, Blake, and Yang is "Team RWBY" (pronounced "Ruby".)