Thanks for the prompt reply!
Answers to your Q's:
--Word for Microsoft 365 MSO (version 2409 build 16.0.18025.20030) 64-bit
--Saving locally. However, I do have Onedrive on. I uninstalled Onedrive, made no difference.
-- No error messages. It is as if the file never existed -- can't find a trace, except for dead shortcuts in Windows "Recent"
-- I haven't ever encountered anything like this. But I don't use Powerpoint and I don't have any files in Excel with hashtags. I'll do some more testing to see if it happens in other apps.
--Other details: I'm using Word on a local Windows 10 account with the latest updates. I.e., it is not associated with my Microsoft account. Computer is Lenovo E550 laptop with 12gb RAM and a ~500gb HDD. I'm using the user account -- it has Lenovo Vantage installed in the administrator account. The problem DOES occur in the administrator account.
Other things I will do is see if it happens :
(1) in Word's "safe mode" (?)
(2) if I delete all my word customizations
(3) if I create a new account in Windows and run from there
(4) if I download MSO on another Windows computer (a) with my customizations (b) without my customizations.
(5) in Windows safe mode.
Things I do regularly, and are 'clean':
Run SFC /Scannow
Run Chkdsk /r
Run perfmon /rel (it shows a rating of '6' which is not great)
Run windows memory checker (which is clean).