The multiplicity of meanings of a word constitutes a category of polysemy. According to a generally accepted definition, polysemy is the association of two or more senses with a single phonological form. Polysemy is regarded as one of the results of language economy. It is very popular in all the languages in the world, and English is no exception. In our review of previous studies on polysemy, polysemy has been studied in general only, not in detail. Therefore, it seems that all the word classes have polysemy. Traditional lexical semantics has paid relatively little attention to adjectives, in comparison with the large amount of work devoted to nouns and verbs. And systematic studies have not been done on the collocations of the adjective.This paper focuses on the word class of adjectives, functioning as premodifier in the adjective-noun construction. We adopt a no-polysemy view in such a phrase. The meaning of the adjective itself remains the same when it is combined with the noun. The adjective is attached to a certain qualia role of the noun. In other words, the meaning of the adjective is combined with that of the noun specified in that qualia role. Thus, the meaning of the adjective is modulated. In case that when no ready-made qualia role is able to account for the process, metaphor or metonymy is involved, where more background knowledge in the form of ICMs is called for. Each AN construction can be considered as a specific context for an adjective. Different constructions containing the same adjective will add different contextual meanings to the adjective, thus resulting in various interpretations.Indeed, most adjectives can occur with an incredibly large number of nouns and they form infinite number of the AN constructions. And my no-polysemy view of the adjective can account for such creative use of adjectives in novel contexts.