Today's Grammar Lesson: WIP - Acroynym or Initialism?

[Benjamin Sobieck]

Ever since Penn and Teller delved into grammar on a recent episode of Bullshit (not being crude, that's the name of the show), I've been pondering this question.

WIP stands for "work-in-progress." Do you pronounce it like "whip?" Then it's an acronym. Or do you say the letters individually, such as "W...I...P?" Then it's an initialism.

Discuss.

[I. J. Parker]

Surely that term only exists in electronic communications. Texting, sort of. Of course, "work in progress" sounds impressive, as if it were already an entity, a certainty, a masterwork in the making.
About as common among writers as TBR is among readers. They're always bragging about the enormous size of their TBR pile. Frankly, the incompleteness of things troubles me.

[Jon Loomis]

I'm with Neil. You could even say "the book I'm working on now." "My work in progress" always sounds a bit stilted to my ear.

[Neil Nyren]

Don't say either. Noone will know what you're talking about. Say "work in progress."