What is a word formed from verb but functioning as different part of speech Gerundsm participles?

You're asking about verbals, which are words derived from verbs but function as different parts of speech. You've correctly identified two types: gerunds and participles. Let's break them down:

Gerunds

* Function: They act as nouns.

* Formation: Add "-ing" to the base form of the verb.

* Examples:

* Swimming is my favorite activity. (Subject)

* I enjoy hiking in the mountains. (Object of the verb)

Participles

* Function: They act as adjectives (describing nouns) or as part of verb phrases.

* Formation:

* Present Participle: Add "-ing" to the base form of the verb.

* Past Participle: Usually ends in "-ed", "-en", "-d", "-t", or "-n".

* Examples:

* The running water was refreshing. (Adjective)

* The broken window needed repair. (Adjective)

* She has finished her homework. (Part of a verb phrase)

Other Verbals

There are two other types of verbals:

* Infinitives: The base form of the verb preceded by "to" (e.g., "to run", "to eat"). They can function as nouns, adjectives, adverbs, or parts of verb phrases.

* Participial Phrases: A participle with its modifiers and complements, functioning as an adjective phrase.

Let me know if you have any more questions about verbals!