This paper deals with the adequacy of the model-theoretic definition of logical consequence. Logical consequence is commonly described as a necessary relation that can be determined by the form of the sentences involved. In this paper, necessity is assumed to be a metaphysical notion, and formality is viewed as a means to avoid dealing with complex metaphysical questions in logical investigations. Logical terms are an essential part of the form of sentences and thus have a crucial role in determining logical (...) consequence. Gila Sher and Stewart Shapiro each propose a formal criterion for logical terms within a model-theoretic framework, based on the idea of invariance under isomorphism. The two criteria are formally equivalent, and thus we have a common ground for evaluating and comparing Sher and Shapiro philosophical justification of their criteria. It is argued that Shapiro's blended approach, by which models represent possible worlds under interpretations of the language, is preferable to Sher’s formal-structural view, according to which models represent formal structures. The advantages and disadvantages of both views’ reliance on isomorphism are discussed. (shrink)