Character Panel
Type panels
Two of the most common type panels in Illustrator are Character and Paragraph panels.
Window > Type > Character
These are your text control panels.
To view all available options – click on the drop down menu button (upper right corner) and choose "Show Options".
To access Paragraph panel – click on Paragraph tab.
Choose Font family and font style.
To change type color – use Swatches panel or Fill swatch in the Tool bar.
You can also apply stroke to type.
This is simple – choose type size.
Type has to be selected to change the settings. Duh……
You can choose size from presets or type in a number.
Leading – is a distance between baselines.
Also called "line spacing" in some applications.

You can overlap lines if the leading number is small enough.
Kerning – is a distance between two characters.
Click between the two letters to apply the setting. Think of is as a "fine tuning".
This setting is mostly used on headers and short text lines.
Tracking – sets space between characters in the entire selected text.
Vertical scale – adjusts the height of the characters.
Horizontal scale – adjusts the width of the characters.
Baseline shift – shifts text above or below the baseline.
Character Rotation – surprise!!! – rotates characters….
All Caps – capitalizes all characters in the text.
Small Caps – capitalizes all characters in the text, but…. scales them down.
Superscript – sets a character above the baseline and scales it down.
Subscript – sets a character below the baseline and scales it down.
Underline – underlines!
Strikethrough – crosses text out.
If you want to use type as a part of your design or logo – you might want to convert it into edit-friendly format.
"Outlined" text is a font that has been converted into a vectored format. In other words: type characters become shapes.
Once the text is outlined, it looses ability to be edited (text, font), but….
You can edit your text as you would edit a shape (by anchor points).
You can open and print your artwork correctly without needing the actual font file used.
STEPS
Open a new file.
Select Type tool.
Open Character panel (Window > Type > Character).
Click and type your name.
Pick a font you like. Resize if necessary.
Keep the text selected.
From the menu bar: Type > Create Outlines
The letters will be grouped together.
To ungroup: Object > Ungroup
Now you can select one letter at a time.
Use Direct Selection tool.
You can select one ore more anchor points and edit them.
Experiment with the shapes.
Overlap the letters.
Select them both.
Exclude
