What does Jeremiah 20:3 mean?

The next day, when Pashhur released Jeremiah from the stocks, Jeremiah said to him, 'The Lord doesn't call you Pashhur anymore. Now your name is “Terror on Every Side.”' Jeremiah 20:3 - Modern Text Bible

(Jeremiah tells Pashhur that God has given him a new name that reflects the fear and disaster coming his way.)