confluence - Embedded snippet global reference

[Gavin]

Hi all,

I was wondering is there a way to create one snippet of text and then embedded that text in numerous locations but have it centrally managed from that one location? Where when you up date that first location all the other embedded locations update with that update?

ex. 

snippet1 = hello

locations

location = snippet1 = hello

location2 = snippet1 = hello

location3 = snippet1 = hello

change snippet1

snippet1 = hi

location = snippet1 = hi

location2 = snippet1 = hi

location3 = snippet1 = hi

thanks 

[Gavin]

Not a feature in confluence?