The authors present a computational model that builds a holographic lexicon representing both word meaning and word order from unsupervised experience with natural language. The model uses simple convolution and superposition mechanisms to learn distributed holographic representations for words. The structure of the resulting lexicon can account for empirical data from classic experiments studying semantic typicality, categorization, priming, and semantic constraint in sentence completions. Furthermore, order information can be retrieved from the holographic representations, allowing the model to account for limited word transitions without the need for built-in transition rules. The model demonstrates that a broad range of psychological data can be accounted for directly from the structure of lexical representations learned in this way, without the need for complexity to be built into either the processing mechanisms or the representations. The holographic representations are an appropriate knowledge representation to be used by higher order models of language comprehension, relieving the complexity required at the higher level.