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A morphic word is obtained by iterating a morphism to generate an infinite word, and then applying a coding. We characterize morphic words with polynomial growth in terms of a new type of infinite word called a $\textit{zigzag word}$. A zigzag word is represented by an initial string, followed by a finite list of terms, each of which repeats for each $n \geq 1$ in one of three ways: it grows forward [$t(1)\ t(2)\ \dotsm\ t(n)]$, backward [$t(n)\ \dotsm\ t(2)\ t(1)$], or just occurs once [$t$]. Each term can recursively contain subterms with their own forward and backward repetitions. We show that an infinite word is morphic with growth $\Theta(n^k)$ iff it is a zigzag word of depth $k$. As corollaries, we obtain that the morphic words with growth $O(n)$ are exactly the ultimately periodic words, and the morphic words with growth $O(n^2)$ are exactly the multilinear words.