I have this Entity defined:
For Symfony 3.x
According with Symfony docs v3.x you should use choice_label property to specify the entity field name to be used here.
->add('categoryDescription', 'collection',
array(
'type' => new CategoriesDescriptionType(),
'allow_add' => true,
'options' => array('data_class' => 'Apw\BlackbullBundle\Entity\CategoriesDescription'),
'choice_label' => 'name',
'by_reference' => false,
))