Renaming a tool changes the wording used in the interface wherever the tool is represented. You many want to rename a tool if your organization or geographic area is more familiar with different terminology.
Note Changing the Display Name for a tool does not replace all uses of the original term throughout the system. It only changes the display name for the tool in the navbar and on headings in your course. To replace all references to a specific term, a site administrator needs to update your organization’s language pack using the Manage Languages tool.