The document discusses structured lexicons and lexical semantics, focusing on WordNet, a lexical database that organizes words by meaning rather than form. It describes the hierarchical organization of words into categories such as nouns, verbs, adjectives, and adverbs, and explores various lexical relations like synonymy and hyponymy. Additionally, the document outlines the applications of WordNet in areas such as document classification, word-sense disambiguation, and textual entailment.