The document discusses the complexity of lexical meaning, emphasizing that words can convey both a basic meaning and additional connotations influenced by social context, emotional attitude, and linguistic structure. It categorizes components of lexical meaning into designation, connotation, and range of application, explaining how different words with similar meanings can have nuanced differences in use and implications. This exploration is illustrated through examples in English and Tamil, demonstrating how cultural and contextual factors shape word usage and interpretation.