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In this video tutorial, viewers learn how to remove a watermark in Microsoft Word. The example used features a watermark indicating that the document is in draft mode. Other common watermarks mentioned include "confidential," "sample," "urgent," and "do not copy." After finalizing the document, users may want to eliminate the watermark. They might attempt to double-click on it, but that does not work. Instead, the proper method is to navigate to the "Design" tab, click on "Watermark," select the drop-down arrow, and choose "Remove Watermark," effectively erasing it from the document.