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About Fonts and Faces
1.     A font is a collection of
characters of a particular font size, font style of a typeface. For
example, within Times New Roman, however, there are many fonts to choose from
-- different sizes, italic, bold, and so on. 
2.     The term font is often used
incorrectly as a synonym for typeface. For example, Arial is a
typeface and Arial 12 point Bold is a font.
3.     Typefaces
are the graphic
representation or the shape of the alphabet, numbers, and special
characters and usually vary by type
sizes and styles. For example, Times New Roman, Arial, and Century Gothic
are few examples of typefaces.
4.     Typical font styles are bold, italic and underline.
5.     Font
sizes are usually
measured in points where one
point is equal to 0.138 inches or 1/72 of an inch. The font size is
determined by measuring between the top
of a capital letter to the bottom of descenders in letters such as g and y.