Meaning of the word "for short" in English

What does "for short" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

for short

US /fɔr ʃɔrt/
UK /fɔː ʃɔːt/

Phrase

using a shorter name or abbreviation for something

Example:
My name is Elizabeth, but you can call me Liz for short.
The United Nations, or UN for short, was founded in 1945.