tāsv avātsīt sva-sṛṣṭāsu
tena nārāyaṇo nāma
yad āpaḥ puruṣodbhavāḥ
tāsu—in that; avātsīt—resided; sva—own; sṛṣṭāsu—in the matter of creation; sahasram—one thousand; parivatsarān—years of His measurement; tena—for that reason; nārāyaṇaḥ—the Personality of Godhead named Nārāyaṇa; nāma—name; yat—because; āpaḥ—water; puruṣa-udbhavāḥ—emanated from the Supreme Person.
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 nāra. And because He lies down on that water, He is known as Nārāyaṇa.
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