Abstract
This paper aims to recover the ideas about semantics that are contained in Yāska’s _Nirukta_ (c. 6–3 century BCE), the seminal work of the Indian tradition of _nirvacana_ or etymology. It argues that, within the framework of his etymological project, Yāska developed consistent and sophisticated ideas relating to semantics—what I call his theory of meaning. It shows that this theory assumes the form of explicit and implicit reflections pertaining to the relation between three categories: denoting names (_nāman_/_nāmadheya_), denoted objects (_sattva_/_artha_), and name-giving action expressed by verbal roots (_ākhyāta_). A typology of Yāska’s etymologies for what they reveal about semantics will be proposed and investigated. In doing so, attention will be paid to how Yāska’s ideas resemble and anticipate ideas concerning the difference between polysemy and homonymity, metaphoric transfer, and synecdoche. It is hoped that attending to Yāska’s thus-far largely overlooked ideas will help us better appreciate the _Nirukta_’s role in the history of early Indian engagements with semantics.