In his article ‘Names, Verbs and Quantification’ Nicholas Denyer argues that a previous attempt of mine, on behalf of realism, to play down the ontological importance of the distinction between grammatical names and verbs ignores some striking logical differences between them. I concede the differences Denyer alludes to, but argue that they do not assist the orthodox nominalist, since if anything they point to a position according to which relations, but not monadic properties, are unreal. But this position is, I claim, as implausible as nominalism itself is.