Ontology is the philosophical of the nature of being, becoming, existence or reality, as well as the basic categories of being and their relations. Traditionally listed as a part of the major branch of philosophy known as metaphysics, ontology often deals with questions concerning what entities exist or may be said to exist and how such entities may be grouped, related within a hierarchy, and subdivided according to similarities and differences. Although ontology as a philosophical enterprise is highly hypothetical, it also has practical application in information science and technology, such as ontology engineering. A very simple definition of ontology is that it is the examination of what is meant, in context, by the word 'thing'.
Some philosophers, notably of the Platonic school, contend that all nouns (including abstract nouns) refer to existent entities. Other philosophers contend that nouns do not always name entities, but that some provide a kind of shorthand for reference to a collection of either objects or events. In this latter view, mind, instead of referring to an entity, refers to a collection of mental events experienced by a person; society refers to a collection of persons with some shared characteristics, and geometry refers to a collection of a specific kind of intellectual activity. Between these poles of realism and nominalism, stand a variety of other positions. An ontology may give an account of which words refer to entities, which do not, why, and what categories result.