Is there a way/plugin that lets me paste a pre-defined text?

Like for example I always have this specific line of words/code/string for a lot of my notes and its not always follow a template kind of organization.

Is there a way to always have like several different strings of text I can insert in the note through either a shortcut/hotkey/automatic keyword?

I imagine its kind of an automatic "text lengthener" if that makes sense.

- LMAO automatically replaces to Laugh My Ass Off

- imgcode1 automatically replaces to `= link(link)`

or something similar