restiverb

noun.

To replace part of a word with another word.

Coming from Latin: restituo - replace, and verbum - word

v. (past)Restiverbed, (present) Restiverbing

adj. Restiverbious

Opporpoonity (Opportunity + Poon)
Chronnoisseur (Chronic + Connoisseur)
Sexting (Sex + Texting)

Phillip used a restiverb when he wanted to create a catchy phrase so people would think he was clever.