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In this video tutorial, the presenter explains how to hide the placeholder text that appears in content control form fields in Microsoft Word. This placeholder text, typically shown in light gray to prompt users, can be removed for aesthetic reasons. The tutorial illustrates the process using a plain text form field: first, the user enables design mode, then highlights the placeholder text (including the period), right-clicks to open the font options, and checks the "hidden" box under font effects. Viewers are encouraged to explore the tutorial playlist for more tips on creating fillable forms.