Topic summary
Syllabic abbreviation

Extracted from the Wikipedia article Abbreviation.
Syllabic abbreviation
A syllabic abbreviation is usually formed from the initial syllables of several words, such as Interpol = International + police. It is a variant of the acronym. Syllabic abbreviations are usually written using lower case, sometimes starting with a capital letter, and are always pronounced as words rather than letter by letter. Syllabic abbreviations should be distinguished from portmanteaus, which combine two words without necessarily taking whole syllables from each.