Title Word List shows a ranked list of words used in the collection. The words are presently taken from titles only. Criteria used for exclusion of certain words are shown. For example, the following indicates that stopwords and words of 2 or less characters were excluded from the list.

stopwords, and 2-character and smaller words are excluded

This is the default. It can be changed from the Settings page. One can look at the list of stopwords.

Consider the following counters from the current collection.

Words: 1178, Word count: 3192, All words count: 4862

1178 is the number of unique words (without the excluded ones).
Word count of 3192 is how many times these words are used.
All words count of 4862 is the count of all words (including the ones discarded from the list).