The term 'SEPARATE SENTENCES' can be parsed into the word 'PARSE' which is a five letter word. Parsing is the process of analyzing a sentence or phrase to determine its structure and meaning. It involves breaking down a sentence into its component parts, such as words, phrases, and clauses, and then understanding how those parts are related to each other. Parsing is an important part of language processing and is used in many applications, such as natural language processing and machine translation.