Like US soccer teams with "United" in their names.
or FC (and I'm an FC Dallas fan)
This is actually a Sans font though, the E with serifs is a different font, an older one called Snellen.
(they could make a Serif variant based on Snellen instead of on Sloan)
It's pretty common to distinguish your font from others with a description in the name, be it sans/serif/slab/mono/condensed/extended, etc — it does communicate "this is a font" clearly but it's also useful when you're in an application just looking at a text list of font names.
Yep, kind of a font namespacing, e.g. Sans::SourcePro vs. Serif::SourcePro.