This article reviews the achievements and recent research programs in the field of cognitive lexical semantics, which has become a full‐fledged field since the early 1980s, when important research findings in cognitive psychology concerning the internal structure of categories (prototype structure and family resemblance structure) were adopted to analyze lexical categories (Taylor et al. 2003). Cognitive linguists have since changed their conceptions about the nature of word meanings, and the interplay between words and their contexts. The traditional dividing lines between lexicon and grammar, and linguistic knowledge and encyclopedic knowledge have been largely blurred, and meaning is seen as a manifestation of conceptual structure, which is embodied and entrenched in the schematic network of structures and is extended on the basis of language usage events.