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After searching reading several links, I found the difference

abbreviation: A shortened form of a word.
ex: lb., amt., mgmt.

initialism: An abbreviation formed from the initial letters of a phrase
ex: HTML, SVG

acronym: An initialism that is pronounced as a word.
ex: radar, scuba, JIT, WYSIWYG

Alas!

Actually, the differences are so small that HTML5 decided to drop acronym in favour of abbr

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