Explanation:

MS Word stands for Microsoft Word, which is a popular word processing software developed by Microsoft. It is widely used for creating, editing, and formatting various types of documents such as letters, reports, resumes, and more.

Application Software:

MS Word is an example of application software. Application software refers to computer programs that are designed to perform specific tasks or applications for end-users. It is intended to fulfill the needs and requirements of users, allowing them to complete various tasks efficiently.

Features of MS Word:

MS Word offers a wide range of features that enable users to create professional-looking documents. Some of its key features include:

1. Text formatting: MS Word provides various options for formatting text, such as font styles, sizes, colors, alignments, and more.

2. Templates: It offers pre-designed templates for different types of documents, such as resumes, letters, flyers, and more. Users can choose a template and customize it according to their requirements.

3. Page layout: MS Word allows users to set the page layout, adjust margins, insert headers and footers, add page numbers, and define page orientation (portrait or landscape).

4. Tables and graphs: It provides tools for creating tables and graphs, making it easier to organize and present data effectively.

5. Spell-check and grammar: MS Word has built-in spell-check and grammar checking features that help users identify and correct errors in their documents.

6. Collaboration: It enables multiple users to work on the same document simultaneously, making it convenient for team collaborations.

7. Integration: MS Word can be integrated with other Microsoft Office applications, such as Excel and PowerPoint, allowing users to share data and content seamlessly.

Conclusion:

In conclusion, MS Word is an example of application software. It is a powerful word processing tool that offers a wide range of features to create, edit, and format documents efficiently. It is widely used by individuals, students, professionals, and organizations for various purposes.