Etymology

Late 19th century: from סְבִיב ‎(s'viv) + ־וֹן ‎(-ón). It's hard to say definitively who coin the word, it was either Itamar Ben-Avi (the son of Eliezer Ben-Yehuda) at the age of five (i.e. 1887), he writes in his memoir that he remembers one day jumping to his mother and telling her what he found a סביבון (s'vivón, “dreidel”), or the writer and journalist David Yeshaya Silberbusch who published the word in a 1897 list for Ha-Tsefirah.

Many other names were suggested but didn't catch including כִּרְכָּר by Bialik, חֲזַרְזָר by Mendele Mocher Sforim, סוֹבֶבֶת, פַּרְפָּרָה, מִגְדַּל עֹז, גַּלְגְּלָן and more.