Abstract
This paper addresses the problem of providing a satisfying explanation of the Tractarian notions of state of affairs, fact and situation, an issue first raised by Frege and Russell. In order to do so, I first present what I consider to be the three main existing interpretations of these notions: the classic, the standard and Peter Simons’. I then present and defend an interpretation which is closer to the text than the classic and standard interpretations; one which is similar to Peter Simons’ but which differs from it concerning one important point with respect to the nature of situations. Accordingly, the above mentioned should be seen as three wholly distinct categories. States of affairs are to be understood as Russellian complexes, facts as the subsistence and non-subsistence of states of affairs and situations as possibilities of the subsistence and possibilities of the non-subsistence of states of affairs.