English: from the Middle English personal name Ailwi,
which represents a falling together of several Old English names:
Æ{dh}elwig ‘noble battle’, Ealdwig ‘ancient
battle’, and Ælfwiig ‘elf battle’. Compare
Alvey. Alloway is a Scottish place name, but the surname is of
English rather than Scottish origin.
Americanized form of any of
several French surnames, including Allouis (from a place in
Meung-sur-Yèvre), Halloy (from any of various places in
Oise, Pas-de-Calais, and Somme), or Allouet (a diminutive of
Allou or Alleu, which was a status name for a free
tenant, one not bound by feudal dues).
Dictionary of American Family Names, Oxford University Press, ISBN 0-19-508137-4
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