This book deals with the interplay between word-formation and metonymy. It shows that, like metaphor, metonymy interacts in important ways with morphological structure, but also warns us against a virtually unconstrained conception of metonymy. The central claim here is that word-formation and metonymy are distinct linguistic components that complement and mutually constrain each other. Using linguistic data from a variety of languages, the book provides ample empirical support for its thesis. It is much more than a systematic study of two neglected linguistic phenomena, for a long time thought to be unimportant by linguists. Through exposing and explaining the intricate interaction between metonymy and word formation from a cognitive linguistic perspective, the reader is presented with a sense of the amazing complexity of the development of linguistic systems. This book will be essential reading for scholars and advanced students interested in the role of figuration in grammar.