Is it an acronym or just an initialism?
When you say NASA, you are using an acronym. When you say USA, you are technically using an initialism. This linguistic distinction is the subject of a heated debate among the world's most prestigious dictionary editors and style guides.
The linguistic divide centers on pronunciation. In a narrow sense, an acronym is a sequence of letters pronounced as a single word, such as NATO, laser, or scuba. The alternative, often called an initialism or alphabetism, involves spelling out each letter individually, like the GDP or the UN. While some authorities, such as the Chicago Manual of Style, maintain that these two forms are mutually exclusive, others use the term 'acronym' to cover both.
This disagreement extends to the highest levels of lexicography. Major American dictionaries, including Merriam-Webster and the Oxford English Dictionary, have recently moved toward a broader definition that includes initialisms. However, many prominent guides, such as the New York Times Manual of Style and Usage, remain strictly prescriptive, arguing that if an abbreviation is not pronounceable as a word, it is simply an abbreviation.
The term itself is a neoclassical compound, likely originating from the German 'Akronym' in the 1920s. It combines the Greek roots 'akro-', meaning the summit or tip, with '-nym', meaning name. While the term's usage in English can be traced back to 1940, the practice of using letter-based abbreviations is much older, with examples like BCE (before the Common Era) dating to at least the 1700s.
Beyond simple abbreviations, acronyms can take complex forms. There are letter acronyms (UNESCO), syllabic acronyms that blend parts of words (sitcom), and even hybrids (CD-ROM). They can serve as mnemonic devices, like SQUID for a superconducting quantum interference device, or even as political slogans, such as NOW (National Organization for Women).
Source: Acronym