Hasbro is a global TOY and board game company that has been in business since 1923. Two of their most popular products are TOY and NERF. TOY is a three letter word that refers to any item that can be used for play or amusement. NERF is a four letter word that refers to a brand of foam-based toys produced by Hasbro. These toys are designed for children and adults alike and are often used in sports and other activities.