Imagine an "acronym" but instead of taking the first letter of each word, you took the entire first syllable of each word. I notice Japan, which incidentally has a syllabary, seems to create this sort of "acronym" fairly often.

Is there a word, like a linguistics word, for this type of syllabic "acronym"?

@mcc hmm, words like FedEx or SoCal or HiFi (or NaNoWriMo)...I feel like there should be a term for it, but I can't bring one to mind.