This document discusses semantic roles and valency. Semantic roles refer to the number of arguments a predicate takes, while valency refers to the number of arguments a predicate has. Predicates can have valency of one or two arguments. One-argument predicates include intransitive verbs and one-place adjectives. Two-argument predicates include transitive verbs and two-place adjectives or adverbs. The semantic roles of arguments depend on whether the predicate expresses an action, relationship, or other linking roles between the arguments. The meaning of predicates is determined partly by their valency and the semantic roles of their arguments.