 In order to explain his view, Meinong resorts to the notions of the modal moment and watered-down factuality [depotenzierte Tatsächlichkeit] (1915, §§37–38). Objectives can be assumed to be subsistent (factual), although they do not subsist (are nonfactual). For instance, we can imagine that it is a fact that squares are round. This assumption has as its object the fact that squares are round; nevertheless this assumption is directed to a non-subsistent (nonfactual) objective. On the one hand (according to the characterization principle), the objective the fact that squares are round is a fact; on the other hand (as the objective in question cannot subsist), it is not a fact. Meinong explains away the discrepancy with the introduction of two readings of “fact”. The second reading, as Findlay (1963: 103–4) puts it, concerns factuality in a “full-strength” sense, whereas the first reading is about factuality in a “watered-down” sense. The watered-down version fails a feature that the full-strength version has: Meinong calls it “the modal moment”. In pure, counterfactual imagination we can correctly assume the watered-down version of factuality but we cannot correctly assume the full-strength version of it — there seems to be a lack of freedom of assumption, Meinong thinks (1915, §37: 282).