Because of the way it is normally used. 120/240 or 120/208 normally serve single-phase loads so that becomes the common name.
The name is just a name and not a physical description. It has a basis but not completely descriptive of the system.
Physically, the two-phase system is just a specific subset of the four-phase system and so the 5-wire two-phase is more correctly called a four-phase system. It was used to provide two phases so the name sticks. How about some history? There are too many for me to feel like putting them all here again but here are some quotes for you on names and about a 180d phase difference:
From the article "The Design and Action of the Rotary Converter" in Engineering Magazine vol 22, by David Rushmore, 1917
From: "Engineering Circuit Analysis", William Hayt, 1962, McGraw-Hill, pg 572:
From "Alternating Current Machines", Sheldon, 1902:
From: "Center-Tapped Transformer and 120-/240-V Secondary Models" William H. Kersting:
From "Techniques of Circuit Analysis" by Carter/Richardson concerning forming polyphase sources from voltage sources separated by phase angle differences:
From "Photovoltaic Power Systems and The National Electrical Code", Sandia National Laboratories: