Explanation
ALLAH is Al-Kareem, The One who is the most generous, both physically and spiritually, The One who is continually giving forth the grandest and most precious bounty, The One whose kind, noble, and generous essence is most esteemed, valued, and honored, The One who endlessly gives all manner of precious gifts, including support and refuge and The One who is eternally giving, even unto those who may not seem (to us) to be deserving.
The root word kaf-raa-meem has various classical Arabic connotations such as to be noble, grand, high-minded, to be generous, giving, beneficent, to be highly esteemed, honored, prized, valued, to be excellent, precious, valuable, rare, to be productive, fruitful.
Quran References
Said one who had knowledge from the Scripture, “I will bring it to you before your glance returns to you.” And when [Solomon] saw it placed before him, he said, “This is from the favor of my Lord to test me whether I will be grateful or ungrateful. And whoever is grateful – his gratitude is only for [the benefit of] himself. And whoever is ungrateful – then indeed, my Lord is Free of need and Generous.” (Quran 27:40)
O mankind, what has deceived you concerning your Lord, the Generous, (Quran 82:6)