This article discusses the features of the functioning of the lexical units of the modern English language. In the article, the author gives his vision of some word-formation neological processes and tendencies in the English language, gives an etymological description of vocabulary, and also shows not only quantitative, but also qualitative changes in the word-formation system. The article defines the role of telescoping not only as the most productive method of word formation at the present stage of the development of the word-formation system, but also as a source for the formation of new word-formation elements and models of the macrosystem of the modern English language. language.