Thanks, but there has to be more to it. I mean, the names of other valves tend to give some clue as to their internal working. Further, other valve types have a globe shaped body.
Maybe the term globe is used as a verb... indicating flow around a partially unseated disc.
From the "Mechanical Dictionary" by Hawkins - 1909:
"Globe Valve - A valve having a round ball-like shell; it is much in use for regulating and controlling the supply of steam, air, etc., to the various auxiliary appliances in connection with steam power."
From American Steam Gauge & Valve Manufacturing Co. Illustrated Catalog No. 65, 1916, page 144, "We have adopted the Globe Form of Body...thus securing the greatest effective area and reducing friction to the lowest possible point...."