Keyboard shortcut to select the word immediately around the cursor

[PRR]

I am constantly taking my hands off the keyboard to use the context
menu for individual words, or to do something else with them. Is there
a keyboard shortcut to select the word the cursor is inside? I didn't
find anything on google, except the suggestion to use Ctrl+Shft+ an
arrow (right, left, up, or down), but this only selects what is in
front or behind the cursor, either to the end of the word, or to the
end of the paragraph. Is there a shortcut that will select the entire
word, and nothing more?

 

[PRR]

Steve, thanks a lot. You know, I'm surprised that this shortcut isn't
more widely known. I doubt that it has ever been on the shortcut lists
I've seen before, although from here on out I'll keep my eyes peeled.
Double-clicking a word (to select it) has also been a big time-saver
for me (use it all the time) and when my hands are already on the
keyboard, I can do the same thing this way.

As far as hitting the esc key--thanks for the heads up. If I
understand it correctly, as long as you apply formatting (or make
whatever change you wanted to make) right after hitting F8 twice, you
can then hit the arrow keys, etc. without doing any damage--correct? I
tried it out and I found I was ok as long as I immediately went to
make the change. Pls correct me if this isn't the case.

Thanks again.