"descendant of Dutch settlers of New York," 1831, from Diedrich Knickerbocker, the name under which Washington Irving published his popular "History of New York" (1809). The pen-name was borrowed from Irving's friend Herman Knickerbocker, and literally means "toy marble-baker."
"short, loose-fitting undergarment," now usually for women but not originally so, 1866, shortening of knickerbockers (1859), said to be so called for their resemblance to the trousers of old-time Dutchmen in Cruikshank's illustrations for Washington Irving's "History of New York" (see knickerbocker).