* Cu: Represents the element copper (Cu).

* ClO₃: Represents the chlorate ion (ClO₃⁻).

* 2: Indicates that there are two chlorate ions.

To determine the charge of copper, we need to consider the overall charge of the compound. Since the chlorate ion has a -1 charge, and there are two of them, the total charge of the chlorate ions is -2. To balance this, the copper ion must have a +2 charge.

Therefore, the correct name for the compound is Copper(II) Chlorate.