What are the meanings of pan(ning) and pan pot?
from what original meanings of pan and pot are the meanings in sound engineering derived?
Pot is short for potentiometer, which is a fancy electronics word for "knob" or "dial". Panning means positioning something left to right in a stereo sound field. To pan is the verb meaning the action of moving something to a certain place in a stereo sound field. So, a pan pot is a knob that you turn to move a sound left or right in a stereo mix.
I'm not sure, but I suspect pan is short for panorama or panoramic as in "panoramic sound", which I believe was used to describe stereo sound when it was new and amazing compared to mono sound. Also, panning is used in video and filming to mean moving left-to-right or right-to-left while filming, so this is the audio equivalent.