Autoreplace
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Autoreplace or AutoCorrect is a feature in some text editors, word processors and other programs that accept user input via keyboard. It involves automatic replacement of a particular string with another one, usually one that is longer and harder to type, as "myname" with "Lee John Nikolai Francois Al Rahman". This usually makes sense for only those phrases that are relatively common in the texts the user is editing. Replacement is usually done after the user has typed a space or return after the keyword. Autocomplete makes keyboard input faster and more accurate because generally more mistakes are made in typing longer phrases.
[edit] Standalone tools
Along with the text editors' built-in feature, there are also standalone autoreplace/autocomplete programs, such as TypeAccess which stay resident in memory and monitor user's input. These programs also automatically replace a particular input string with another one and bring the autoreplace and autocomplete features to any program which involves text typing.