Using the Drop Cap feature in Microsoft Word is a great way to add a little something special to documents that need more elegance. It's very easy to do, you simply click inside the paragraph where you'd like to have a drop cap (dropped capital letter), and then select Drop Cap from the Format menu. From there, you'll be able to select the type you want, how many lines to drop the capital, and the font for it (I always change it to a pretty script font
What you may not know is that you can drop more than just the first character of a sentence, but actually an entire word. To do so, simply click your cursor right behind the drop cap you created (but inside the frame of it), type the rest of the word, and delete the duplicate in the paragraph itself.
The Drop Cap can also be found in Microsoft Publisher; however, you won't be able to drop an entire word like you can with Microsoft Word.