At first I agreed with you, but I think your analogy to algorithms actually somewhat counters your point.
The Wikipedia article for Dijkstra's algorithm gives an alternative name of "Shortest Path First", or "SPF algorithm", which I do think is a much better and more descriptive name.
It also made me think of sorting algorithms, which all have wonderfully snappy and descriptive names. I think the world would be a sadder place if – instead of quicksort, mergesort, and heapsort – we had to struggle with opaque names like Hoare sort, Neumann sort, and Williams sort.