When you're in a hurry, do you want things taken care of ASAP or PDQ?

We live in an abbreviated world. Rather than spell out lengthy or commonly used words, people often use acronyms instead. An acronym is typically created by taking the first letter of most or all words in a phrase. ASAP, for example, stands for As Soon As Possible. PDQ stands for Pretty Darn Quick.

Tens of thousands of phrases have their own acronyms. We're going to test your knowledge on a few dozen.

In each level of play, we'll offer 7 common acronyms. Using each of the moveable words only once, define every abbreviation. Once you have all 7 defined, you'll have a handful of words left over. Take the LAST letter of each word and build an acronym of your own.

What you'll actually build is a real word -- your password to the next level.

Can you make it through all five levels of play?