The term 'make lacework by knotting or looping' can be summarized as the process of creating intricate patterns using knots and loops. This type of craft is known as tatting, which is derived from the French word 'TATTER' meaning 'to adorn with lace'. Tatting is an ancient craft that has been practiced for centuries, and is still popular today. It involves using a shuttle to create loops and knots, which are then joined together to form intricate patterns.