§ 118. The division of terms into singular and common being, like those which have preceded it, fundamental and exhaustive, there is evidently no room in it for a third class of Collective Terms. Nor is there any distinct class of terms to which that name can be given. The same term may be used collectively or distributively in different relations. Thus the term 'library,' when used of the books which compose a library, is collective; when used of various collections of books, as the Bodleian, Queen's library, and so on, it is distributive, which, in this case, is the same thing as being a common term.
§ 119, The distinction between the collective and distributive use of a term is of importance, because the confusion of the two is a favourite source of fallacy. When it is said 'The plays of Shakspeare cannot be read in a day,' the proposition meets with a very different measure of acceptance according as its subject is understood collectively or distributively. The word 'all' is perfectly ambiguous in this respect. It may mean all together or each separately--two senses which are distinguished in Latin by 'totus' or 'cunctus,' for the collective, and 'omnis' for the distributive use.
§ 120. What is usually meant however when people speak of a collective term is a particular kind of singular term.
§ 121. From this point of view singular terms may be subdivided into Individual and Collective, by an Individual Term being meant the name of one object, by a Collective Term the name of several considered as one. 'This key' is an individual term; 'my bunch of keys' is a collective term.
§ 122. A collective term is quite as much the name of one thing as an individual term is, though the thing in question happens to be a group. A group is one thing, if we choose to think of it as one. For the mind, as we have already seen, has an unlimited power of forming its own things, or objects of thought. Thus a particular peak in a mountain chain is as much one thing as the chain itself, though, physically speaking, it is inseparable from it, just as the chain itself is inseparable from the earth's surface. In the same way a necklace is as much one thing as the individual beads which compose it.