The word size of a memory is how many bits each address holds. In the 2ᵏ × n notation it's the second number, n.
Word size fixes the number of data lines, one per bit, and the width of the data bus. It has nothing to do with the number of address bits, which depends only on how many words there are. You can change one without the other:
- 4K × 8 → 4K × 16: twice as many data lines, same 12 address lines.
- 4K × 8 → 8K × 8: one more address line, same 8 data lines.
Common word sizes are 1, 4, 8 (a byte), 16 and 32 bits.
When chips have a smaller word size than you need, put them side by side: that's width expansion. The number of chips is the wanted word size divided by the chip's word size.
The word size also matters when converting a capacity to words: words = total bits ÷ word size.