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The word "释迦牟尼佛" is formed by transliterating the Sanskrit name "Śākyamuni" into Chinese characters: "释迦" approximates "Śākya", the Buddha's clan name, and "牟尼" approximates "muni", meaning sage, with the added translated term "佛" meaning Buddha or enlightened one, combining to denote the historical figure.

Word Definition - 释迦牟尼佛

shì jiā móu ní fó Sakyamuni Buddha (Sanskrit: sage of the Sakya); Siddhartha Gautama (563-485 BC), the historical Buddha and founder of Buddhism