Saves the document as a template that you can use to start new documents. Saves document content and settings such as styles, page layout, AutoText entries, custom keyboard shortcut assignments, and menus. Saves the document as an XML-based template that you can use to start new documents. The document format that is compatible with Word 98 through Word 2004 for Mac and Word 97 through Word 2003 for Windows.
The default, XML-based document format for Word 2008 for Mac, Word for Mac 2011, Word 2016 for Mac, Word 2007 for Windows, Word 2010 for Windows, Word 2013 for Windows, and Word 2016 for Windows. The following table lists the different kinds of documents that Word can save.