Abstract The first part of this paper outlines the relevant aspects of functional structuralism serving lexicographers as a departure point for building a model of lexical meaning useable in the Dictionary of Contemporary Slovak Language. This section also points to some aspects of Klára Buzássyová’s research on lexis and wordformation that have enriched the functionalstructuralist paradigm. The second section shows other theoretical and methodological frameworks, such as linguistic pragmatics, cognitive linguistics and corpus linguistics (all of them departing in some respect from the structuralism and, in other aspects, being complementary with it) that can enhance the structuralist basis of the model. The third section outlines an extended model of lexical meaning that represents a synthesis of all those theoretical frameworks and, at the same time, represents a reflection of three language constituents: 1. The social constituent is present in consideration of communicative functions of utterances, naming functions of lexical units, functional styles and registers, language norms, and situational contexts; 2. The psychological component takes the form of consideration of the prototype effect, the abolition of boundaries between linguistic meaning and other parts of cognition; 3. Thanks to the structural/systematic component, a description of paradigmatic and syntagmatic behaviour of words can be performed, and an inventory of formalcontent units and categories (lexemes, lexies, wordforming and grammatical structures) can be provided. In our dictionary practice, the abovementioned model is reflected in the methodological procedures as follows: 1. Systemization of repetitive (regular, standardized) phenomena; 2. Prototypicalization of meaning description; 3. Contextualization/encyclopedization of meaning description; 4. Pragmatization of meaning description; 5. Continualized presentation of language phenomena, i.e., introduction of numerous phenomena of transient and indeterminate nature and indicating the existence of a semanticpragmatic and lexicalgrammatical continuum; 6. “Discretization” of combinatorial continuum, i.e., identification and description of entrenched word combinations with naming functions.