Meaning of the name "Honduras"

Wikipedia has this to say:
"The Spanish used at least three different terms to refer to the area that became the Central American country of Honduras.
Guaymuras - a name Columbus provided for a town near modern Trujillo. Las Casas subsequently generalized it to apply to the whole colony.
Higueras - a reference to the gourds that come from the Jicaro tree, many of which were found floating in the waters off the northwest coast of Honduras.
Honduras - literally "depths" in Spanish. Columbus is traditionally quoted as having written Gracias a Dios que hemos salido de esas honduras (English: "Thanks to God we have come out from those depths") while along the northeastern coast of Honduras.

In English, Honduras is sometimes referred to as Spanish Honduras to distinguish it from British Honduras, known today as Belize.