There seems to be some confusion about this. Here's a definition from whatis.com:
So, IBL, IAWTP, TTIWWP, and the like ARE NOT ACRONYMS.
I'm sorry and I'm sure a bunch of people are going to jump all over me about being an English Nazi but it's just something that irritates me. And, yes, I have entirely too much time on my hands...during work hours at least.
An acronym (pronounced AK-ruh-nihm, from Greek acro- in the sense of extreme or tip and onyma or name) is an abbreviation of several words in such a way that the abbreviation itself forms a word. According to Webster's, the word doesn't have to already exist; it can be a new word. Webster's cites "snafu" and "radar", two terms of World War Two vintage, as examples. Implicit is the idea that the new word has to be pronounceable and ideally easy to remember.
Frequently, acronyms are formed that use existing words (and sometimes the acronym is invented first and the phrase name represented is designed to fit the acronym). Here are some examples of acronyms that use existing words: BASIC....Beginner's All-Purpose Symbolic Instruction Code NOW......National Organization for Women WHO......World Health Organization
Abbreviations that use the first letter of each word in a phrase are sometimes referred to as initialisms. Initialisms can be but are not always acronyms. AT&T, BT, CBS, CNN, IBM, and NBC are initialisms that are not acronyms. Many acronym lists you'll see are really lists of acronyms and initialisms or just lists of abbreviations. (Note that abbreviations include shortened words like "esp" for "especially" as well as shortened phrases.)
Summing up:
* An abbreviation is a shortening of a word or a phrase.
* An acronym is an abbreviation that forms a word.
* An initialism is an abbreviation that uses the first letter of each word in the phrase (thus, some but not all initialisms are acronyms).
So, IBL, IAWTP, TTIWWP, and the like ARE NOT ACRONYMS.
I'm sorry and I'm sure a bunch of people are going to jump all over me about being an English Nazi but it's just something that irritates me. And, yes, I have entirely too much time on my hands...during work hours at least.