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anagram (n.)

"transposition of letters in a word so as to form another; a word so formed," 1580s, from French anagramme or Modern Latin anagramma (16c.), both from Greek anagrammatizein "transpose letters of a word so as to form another," from ana "back, backwards" (see ana-) + gramma (genitive grammatos) "letter" (see -gram). Evil is an anagram of live. Related: Anagrammatic; anagrammatical; anagrammatically.

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Definitions of anagram from WordNet
1
anagram (v.)
read letters out of order to discover a hidden meaning;
Synonyms: anagrammatize / anagrammatise
2
anagram (n.)
a word or phrase spelled by rearranging the letters of another word or phrase;
From wordnet.princeton.edu