The origin of the name "Thyme" has been traced to two possible sources. Thymus is a Greek name for "courage," but to the Greeks it also meant "to fumigate." It has been used through the centuries as a remedy for many ailments, from epilepsy to melancholy. Nowadays, it is prescribed by herbalists for intestinal worms, gastrointestinal ailments, bronchial problems, laryngitis, diarrhea, and lack of appetite. It has antiseptic properties, and can be used as a mouthwash, skin cleanser, anti-fungal agent for athlete's foot and as an anti-parasitic for lice, scabies, and crabs. For skin inflammations and sores, make a poultice by mashing the leaves into a paste.
The Above information comes from this site here.
Click the link to find out more! =D