Affect versus Effect

Affect' versus 'Effect.' 

 Errors in writing often involve words that sound alike, homophones. Affect and effect are two very good examples of words that often are incorrectly interchanged.

 Affect, as a verb, commonly means to influence, to change, or to assume - Gregg Reference Manual.

 'The president's new bill will not affect the current status of the market.'

 Effect is frequently used as a noun and means the result of something. Gregg Reference Manual.

 'The country will not know for several years whether the president's new bill created an effect on the market.' However, effect can be used as a verb that means to cause something to come into being: 'The policy will effect change in local government practices.'

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