This work presents a connectionist model of the semantic-lexical system. Model assumes that the lexical and semantic aspects of language are memorized in two distinct stores, and are then linked together on the basis of previous experience, using physiological learning mechanisms. Particular characteristics of the model are: (1) the semantic aspects of an object are described by a collection of features, whose number may vary between objects. (2) Individual features are topologically organized to implement a similarity principle. (3) Gamma-band synchronization is used to segment different objects simultaneously.(4) The model is able to simulate the formation of categories, assuming that objects belong to the same category if they share some features. (5) Homosynaptic potentiation and homosynaptic depression are used within the semantic network, to create an asymmetric pattern of synapses; this allows a different role to be assigned to shared and distinctive features during object reconstruction. (6) Features which frequently occurred together, and the corresponding word-forms, become linked via reciprocal excitatory synapses. (7) Features in the semantic network tend to inhibit words not associated with them during the previous learning phase. Simulations show that, after learning, presentation of a cue can evoke the overall object and the corresponding word in the lexical area. Word presentation, in turn, activates the corresponding features in the sensorymotor areas, recreating the same conditions occurred during learning, according to a grounded cognition viewpoint. Several words and their conceptual description can coexist in the lexical-semantic system exploiting gamma-band time division. Schematic exempla are shown, to illustrate the possibility to distinguish between words representing a category, and words representing individual members and to evaluate the role of gamma-band synchronization in priming. Finally, the model is used to simulate patients with focalized lesions, assuming a damage of synaptic strength in specific feature areas. Results are critically discussed in view of future model extensions and application to real objects. The model represents an original effort to incorporate many basic ideas, found in recent conceptual theories, within a single quantitative scaffold.