2 combined lexical morphemes
Compounding
Component of words
Blending
Invention of new terms
Coinage
New word based on person/place
Eponym
New word formed by using initial letters (has 2 types initialism and acronym)
Abbreviation
Cutting certain part of word to make another word (has 3 types)
Clipping
Particular type of reduction commonly used by Australian and British
Hypocorism
Word of one type reduced to become another type
Backformation
Change function without changing forms
Conversion