The story
Named after Russian mathematician Andrey Markov (Андре́й Андре́евич Ма́рков) (1856—1922), who researched the processes.
Etymology from Wiktionary, CC BY-SA 4.0.
Markov process
Today it means: Any stochastic process for which the conditional probability distribution of future states depends only on the current state (and not on past states). Full definition →