AbstractThe semantics of zero-derivation/conversion has attracted renewed interest both as a subject of description and as a means towards refined descriptions of the process. This paper takes the latter stance and compares which semantic categories occur in zero-derivation/conversion and in overt affixation in two languages with a different morphological model: English and Spanish. For attestation and distribution of the semantic categories, the paper relies on a stratified sample of denominal verbs collected from two comparable corpora: theBritish National Corpusand theCorpus de Referencia del Español Actual. The sample consists in sets of ca. 50 denominal verb-forming resources, one per affixation process, namely affixation by -ate, -(i)fy, -ize/-ise, -en,en- in English,a-…-ar,en-…-ar, -ear, -ecer, -(i)ficar, -izarin Spanish, and zero-derivation/conversion in both languages. The results are contrasted within and across affixes/processes, within each language and across the two languages for the adequacy of a description as zero-derivation or as conversion. Statistical analysis shows that the process/affixes form a cline with overlaps and closer associations between specific affixes/processes and semantic categories, but no clear divide between zero-derivation/conversion and the rest of processes as far as the semantic categories are concerned.