They are not the same as abbreviations and/or initialisms:
Acronym: A new word formed by the first letters of each of the successive words in the term. (e.g. IKEA, Radar, Laser, NATO)
Abbreviation: A shortened form of a word/phrase used in place of the whole term. (e.g. Mtl, wknd, amt, etc)
Initialism: An abbreviation formed from initial letters that do not spell out a word therefore must be pronounced as individual letters. (e.g. HMV, SXSW, ABC, FDA)
Acronym: A new word formed by the first letters of each of the successive words in the term. (e.g. IKEA, Radar, Laser, NATO)
Abbreviation: A shortened form of a word/phrase used in place of the whole term. (e.g. Mtl, wknd, amt, etc)
Initialism: An abbreviation formed from initial letters that do not spell out a word therefore must be pronounced as individual letters. (e.g. HMV, SXSW, ABC, FDA)
(IKEA stands for Ingvar Kamprad Elmtaryd Agunnaryd)
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