Referring to my earlier posting on acronyms and abbreviations, initialism is an abbreviation consisting of the initial letter or letters of a word or phrase in which each letter is pronounced separately and followed by a period, e.g. A.S.A.P. , "as soon as possible." This is a special form of abbreviation.
Nowadays, with the advent of the internet chat, and sms (short message service) on the mobile phone, numerous initialisms have cropped up. This is partly to save time and also to reduce the cost of sending the message, e.g B4 "before", MYOB, "Mind Your Own Business", btw, "by the way", and this one is my favourite, HAND, "Have A Nice Day", which I dedicate to PK.
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