anagram (an-a-gram)
noun
A word or phrase formed by rearranging the letters of another word or phrase. For example, Listen to Silent.
verb tr., intr.
To rearrange letters in such a way. To anagrammatize.
[From New Latin anagramma, from Greek anagrammatismos, ana- (up, again, back, new) + -gram (letter).]
Other examples:
Clint Eastwood = Old West Action
Dictionary = Indicatory
Western Union = No Wire Unsent
A Telephone Girl = Repeating “Hello”
The eyes = They see
The Morse Code = Here Come Dots
Tom Cruise = So I’m Cuter
The Detectives = Detect Thieves
The Hospital Ambulance = A Cab, I Hustle to Help Man
A Gentleman = Elegant Man
Statue of Liberty = Built to Stay Free
Eleven plus two = Twelve plus one
Admirer = Married
David Letterman = Nerd Amid Late TV