is it possible to say "make a word"

[Zajac]

Is it possible to say "make a word" or should I say "have a word" ?

best regards,
Zajac

[Mister Micawber]

.
I cannot judge without more context, Zajac. Both are possible in different situations:

Make a word with the letters D-O-R-W.
I'll have a word with the staff before I leave.
.
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Native English teacher at Mister Micawber's