In modern Turkological studies, the scientific interest in word formation arises not only from the need to study the ways of forming new words and enriching the vocabulary stock. The interest also comes from the fact that the word-formation process is often closely connected with grammatical structures and linguistic phenomena, which leads to new word formation. This work is devoted to studying the problems connected with word formation set in the language of Orhon Old Turkic inscriptions that recorded the language. These inscriptions are valuable written data about all aspects of studies of Turkology such as linguistics, history, culture etc. Furthermore, this paper considers suffixation and compounding as the main productive ways of word formation of language of Orhon inscriptions and gives semantic interpretation of noun and adjective derivatives. The author offers word-formation, morphemic and etymological analysis of structure of words, grouped according to word formation models. At the same time, data is given about modern Turkic languages, revealing unique features of word formation in the language of Orhon inscriptions. This data describes the phonological and semantic changes in word forming morphemes.
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