The main Hebrew word in this name of God (nose’) comes from the verb to lift, carry or take. God is Forgiving because He bears away our sins (Isa. 53:4).
Forgiving God in Hebrew:
Strong’s Concordance numbers: 410, 5375
Bible reference: Ps. 99:8
Lord our God,
you answered them;
you were to Israel a forgiving God,
though you punished their misdeeds. (Psalm 99:8 NIV)
The NIV also translates Neh. 9:17 (God of forgiveness in the NASB) with this name.