This collection of articles examines lexical and grammatical aspects of verbal elements and phrases in the context of recent generative research. General questions concern definitions of grammatical categories, classifications of auxiliaries and particles as functional categories, and problems of economy. Lexical matters range from affixation and category change (participles, gerunds) to semantic representations of specific verb classes (possessive, phrasal and intransitive verbs). The syntactic analyses focus on positional arrangements of aspectual and verbal units (V2, Verb Raising). The data are mainly drawn from English; perspectives on other Germanic languages are included.