To appear in Manuscrito, in a special issue on contextualism vs. minimalism, ed. by André LeClerc, Ernesto Perini-Santos and Marco Ruffino. Other contributors to this issue include A. Bezuidenhout, E. Borg, H. Cappelen, S. Predelli and F. Recanati.The goal of this paper is to propose an account of the notion of semantic content. I will try to show that my account has some advantages over the existing accounts, and that, at the same time, it captures the most valuable insights behind both parties involved in the contextualism-minimalism debate. The proposed account of semantic content differs from the more traditional ones in that it puts more burden on the parameters of the point of evaluation, leaving very little in the content itself. In ...