Inline custom styles in Microsoft Word

Question

I am using Word for Mac 2011 and I try to define a custom style which I want to apply on single words or parts of a paragraph among my document. But it seems to me that there is only whole paragraph styles. So if I define my new style, let's say underlined and a yellow background, the whole paragraph is directly set to this style.

Anyone know, how to approach this?

Answer 1

Ok, I just found out:

Select text > Format > Style > New

Then select "Character" instead of "Paragraph" for the option "Style type".