Word 2007 lets you reuse/recycle portions of text in as many Word documents as you like using Quick Parts. For example, you can reuse text within a header or footer in multiple Word documents. This can save you a significant amount of time when creating Word documents with common text elements.

To use Word 2007′s Quick Parts to insert preformatted text:

1. Within your document, click the Insert ribbon.
2. In the Text section of the ribbon, click Quick Parts.
3. To insert a document property, hold your mouse over document property and select the one you want to insert.

The document property you selected is automatically inserted into your document.