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M$1 Answer
There is more than one answer to this
"mahoney" is an Irish Gaelic word derived from mathghamhan and means 'bear'
http://www.houseofnames.com/xq/asp.fc/qx/mahoney-family-crest.htm
http://www.surnamedb.com/surname.aspx?name=Mahoney
or (male) Of Irish origin: perhaps from an Old Celtic word meaning ‘high’ or ‘noble’
http://names.whitepages.com/Brian/Mahoney
I think the first meaning ( bear ) is a more accurate answer
"mahoney" is an Irish Gaelic word derived from mathghamhan and means 'bear'
http://www.houseofnames.com/xq/asp.fc/qx/mahoney-family-crest.htm
http://www.surnamedb.com/surname.aspx?name=Mahoney
or (male) Of Irish origin: perhaps from an Old Celtic word meaning ‘high’ or ‘noble’
http://names.whitepages.com/Brian/Mahoney
I think the first meaning ( bear ) is a more accurate answer
You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$
Although to most British people all it would mean is that the surname is of Irish origin...
haha too true!