Definitions

1. noun

A word formed from the initial letters of a name or phrase, especially one derived from the first letters of a group of words.

“The company’s name is an acronym for ‘Advanced Computing Research Institute’.”

2. noun

A shortened form of a word or phrase, often used as a name for a company or organization.

“Nike is a well-known acronym for the shoe company.”

3. verb

To give a name or phrase using the initial letters, especially to a company or organization.

“The company acronymed its new name to make it easier to remember.”