When we find the meaning of a word (or phrase) by looking at words and sentences around it are using clues.?

That's absolutely correct! When you figure out the meaning of a word or phrase by looking at the surrounding words and sentences, you are using context clues.

There are different types of context clues, such as:

* Definition clues: The word's meaning is directly stated within the sentence or nearby.

* Example clues: Examples are given to illustrate the word's meaning.

* Synonym clues: Another word with a similar meaning is used.

* Antonym clues: A word with the opposite meaning is used.

* Inference clues: You have to infer the meaning based on the overall sentence or passage.

Context clues are a powerful tool for understanding unfamiliar words and improving your reading comprehension.