creates a new instance of Word and then opens and makes visible an existing Word document:
Sub WordLateBinding()
Dim wdApp As Object, wdDoc As Object
Set wdApp = CreateObject("Word.Application")
Set wdDoc = wdApp.Documents.Open(ThisWorkbook.Path & "\Word.docx")
wdApp.Visible = True
Set wdApp = Nothing
Set wdDoc = Nothing
End Sub