Major types of word-formation:
Word-derivation
Derivation is the process that creates the new word by taking from an old word, especially made with the help of prefix and suffix. Actually, the word was brought from the Latin, “to draw off” and derivational is the adjective form of it. Derivation creates new and more complex stems to which inflectional rules can be applied and usually it affects to the stem of words. Speaking about word derivation there can be distinguished two ways of forming new words: affixation and conversion. For example: kingdom, ex-president is made with affixation, but words like fly-flew, buy-bought are the clear examples of conversion.
Word-composition
Compound words are words consisting of at least two stems which occur in the language as free forms and also it is the process that several words are put together and bound to each other serving to create a new word. Most compounds in English have the primary stress on the first syllable. Blackboard, football player, gas cooker can be examples for forming words.
Minor types of word-formation:
Shortening is the formation of a new word by cutting off a part of the word. Usually initial, middle and final part of words can be cut off:
Initial part (aphaeresis) is clipped: history-story, telephone-phone;
Middle part (syncope) is clipped: specs-spectacles, madam-ma`am;
Final part (apocope) is clipped: vampire-vamp, professor-prof.
Blending is the formation of a new word which combines the features of both clipping and composition. E.g. modem- modulator + demodulator, smog- smoke + fog.
Acronyms is the formation of a new word by means of the initial letters of parts of a word or phrase. Acronyms are commonly used for the names of institutions and organizations. We cannot put full stop between the letters. E.g. NATO (North Atlantic Treaty Organization) or AIDS (Acquired Immune Deficiency Syndrome).
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