Create a Font
On the File menu, click New to create a new font.
Font family name
In Windows, the Font family name is displayed in the font menu. The Font family name will appear as the font name when you select a font in a word processing program, etc.
Select Unicode for normal fonts, like Arial and Times New Roman and Symbol for fonts that include symbols, signs, signatures, pictures, decorations, arrows and bullets, like Webdings and Wingdings. You can later insert additional characters, or remove characters you don't need.
The font will be identified through its Font family name and the Font style. In order to create a full font family, you will need to create four fonts, each with a different Font style, but with the same Font family name.
Selecting "Include outlines" will add outlines for several common characters. This will speed up creating your new font. You can replace or modify these glyphs later. The outlines can be used royalty free in your own fonts.
Note: On the Naming tab, accessed by Tools -> Options, there are default naming values, that will be added to the new font.