This document discusses different types of word formation including derivational morphology, inflectional morphology, compounding, blending, clippings, and acronyms. Derivational morphology involves adding affixes like -ify and -cation to base words to derive new words that may be a different part of speech. Inflectional morphology involves changing word endings to indicate things like number, tense, and possession. Compounding involves blending two existing words together like armchair. Blending is similar but blends the words, like smog from smoke and fog. Clippings shorten words and acronyms use the initial letters of multi-word phrases.