Symbol=name identifies the name of the symbols (just the name, without the preceding & or the trailing period) you want to create. It can be up to 10 characters long (A-Z, 0-9), with no blanks or special characters; the first character must be a letter.
Text='string' identifies the content of the value to be assigned to the symbol and is what is printed.
Here's an example of how .nameit could be used in your document:
.nameit symbol=os text='operating system' . . :p.The &os supports multitasking.
The output looks like this:
The operating system supports multitasking.
Note: You do not use the & in the .nameit when you actually use the symbol. Also, you must use a period at the end of the symbol name when you use the symbol.