Margarita \m(a)-rgari-ta, mar-ga-rita\ as a girl's name is a variant of Margaret (Greek), and the meaning of Margarita is "pearl". See also Rita.
The baby name Margarita sounds like Marguarita, Margharita, Margerita, Margarite, Margarit, Margarida and Margareta. Other similar baby names are Marguita, Marguerita, Margrit, Margherita, Margaruite, Margaretta, Margarete, Margalit and Margurite.