Gypsy Look up Gypsy at Dictionary.com
also gipsy, c.1600, alteration of gypcian, a worn-down Middle English dialectal form of egypcien "Egyptian," from the supposed origin of these people. As an adjective, from 1620s.

Cognate with Spanish Gitano and close in sense to Turkish and Arabic Kipti "gypsy," literally "Coptic;" but in Middle French they were Bohémien (see bohemian), and in Spanish also Flamenco "from Flanders." "The gipsies seem doomed to be associated with countries with which they have nothing to do" [Weekley]. Zingari, the Italian and German name, is of unknown origin. Romany is from the people's own language, a plural adjective form of rom "man." Gipsy is the prefered spelling in England.