Named after Frederick Eugene Wright - American petrologist and astronomer (1877-1953) and Thomas Wright - British philosopher (1711-1786) and William Hammond Wright - American astronomer (1871-1959).
The naming was approved by the IAU in 1973. The first image below shows the relationship among three craters that are near each other. (wikipedia entry)
A crater is a circular depression likely created by an impact event. On the Moon they are named after deceased scientists, polar explorers, astronauts or cosmonauts.