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An acronym is an abbreviation furmed frae the initial components in a phrase or a wird. These components mey be individual letters (as in laser) or pairts o wirds (as in Benelux an Ameslan). Thare is na universal agreement on the precise defineetion o various names for such abbreviations nor on written uisage. In Inglis an maist ither leids, such abbreviations historically haed leemitit uise, but thay acame much mair common in the 20t century. Acronyms are a teep o wird formation process, an thay are viewed as a subtype o blendin.