The ABW file format is the default document format for the AbiWord word processing software and the format is based on XML. The ABW file format allows for advanced document layouts, rich text formatting, lists, tables, images and footnotes. ABW files are similar in nature to Microsoft Word DOC files, however, unlike Microsoft Word files, the AbiWord program can run on almost any computer operating system.
TXT is a file format that contains the text, organized in rows. Text files opposed binaries that contain data that is not intended for interpretation as a text (encoded sound or image). The text file can contain both formatted and unformatted text. Since the very simple text files, they are frequently used for storing data.