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To convert text, WordArt (WordArt: Text objects you create with ready-made effects to which you can apply additional formatting options.), or drawing objects to watermarks (watermark: Any graphic or text, such as "Confidential," that when printed appears either on top of or behind existing document text.), you need to first save them as pictures and then reinsert them into your document as pictures.

1. Right-click the picture you want to change.
2. Click Format Picture.
3. In the Format Picture dialog box, click the Picture tab.
4. Under Image control, click Washout in the Color list, and then click Recolor.
5. In the Recolor Picture dialog box, select the color you want for the watermark.
6. Click Apply, and then click OK.
7. In the Format Picture dialog box, select any other options you want, and then click OK.
8. On the Arrange menu, point to Order, and then click Send to Back.