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Srimad-Bhagavatam - Canto 2 Chapter 10 Text 11
tasv avatsit sva-srstasu
sahasram parivatsaran
tena narayano nama
yad apah purusodbhavah


tasu -- in that; avatsit -- resided; sva -- own; srstasu -- in the matter of creation; sahasram -- one thousand; parivatsaran -- years of His measurement; tena -- for that reason; narayanah -- the Personality of Godhead named Narayana; nama -- name; yat -- because; apah -- water; purusa-udbhavah -- emanated from the Supreme Person.


TRANSLATION
That Supreme Person is not impersonal and therefore is distinctively a nara, or person. Therefore the transcendental water created from the Supreme Nara is known as nara. And because He lies down on that water, He is known as Narayana.
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