This article ventures to make clear what Schutz means by “subjective meaning” and “objective meaning.” In his early major work “Der Snnhafte Aufbau der sozialen Welt” (1932) Schutz in principle agrees with Weber buy the distinction between “subjective meaning” and “objective meaning.” However, he works out his own conception after he introduces the phenomenological ideas of Husserl. Regrettable this conception of his own has never been manifested by himself. I aim to lay out his ideas systematically and suggest how this clarification can promote a better understanding of what Schutz means by “meaning.”