Although Word ships with more than 100 defined styles—they're built in to the Normal template—you'll quickly find that they don't always apply to your documents and your specific needs.
If your needs are simple, you can set up a paragraph style by formatting a paragraph the way you want, and telling Word the name of the style to be based on that formatting. To do so:
Format an entire paragraph to have all the attributes you want—both character and paragraph formatting apply.
Click once inside the paragraph.
Click New Style in the Style and Formatting task pane, and type in a name for the new paragraph style in the Name box (see Figure 18.3).