Is the assumption of a fundamental distinction between particulars and universals another unsupported dogma of metaphysics? F. P. Ramsey famously rejected the particular – universal distinction but neglected to consider the many different conceptions of the distinction that have been advanced. As a contribution to the piecemeal investigation of this issue three interrelated conceptions of the particular – universal distinction are examined: universals, by contrast to particulars, are unigrade; particulars are related to universals by an asymmetric tie of exemplification; universals (...) are incomplete whereas particulars are complete. It is argued that these conceptions are wanting in several respects. Sometimes they fail to mark a significant division amongst entities. Sometimes they make substantial demands upon the shape of reality; once these demands are understood aright it is no longer obvious that the distinction merits our acceptance. The case is made via a discussion of the possibility of multigrade universals. (shrink)