Pragmatics is the study of meaning as communicated by speakers and interpreted by listeners. It considers how context, including social and cultural factors, affect meaning. A key aspect is speaker meaning - what the speaker intends to communicate through their utterance. Speech acts theory analyzes utterances as actions like statements, requests, promises. Pragmatics also examines implicature or implied meaning, presuppositions, and how context helps determine reference. It bridges semantics and real-world language use.