» Mon Dec 20, 2010 8:03 pm
I've always thought it's a case of "what sounds good", or some kind of relation to real world words. Morrowind, I'm guessing, was a "what sounds good" option, for example. Nord is related to our own Nords, obviously. Although, occasionally, there's something to do with TES lore in a name. For example, Hammerfell. All about some Dwemer throwing Volundrung at Hammerfell.
It all really depends. I'm guessing they actually often look at words from another language, and mix 'em together. Pretty much everyone does this in common media.