Both context relativists and circumstance-of-evaluation relativists agree that the traditional semantic interpretation of some sentence-types fails to deliver the adequate truth-conditions for the corresponding tokens. But while the context relativists argue that the truth-conditions of each token depend on its context of utterance—each token being thus associated with a distinct intension—circumstance-of-evaluation relativists preserve a unique intension for all the tokens by placing circumstances of evaluations under the influence of a certain ‘point of view’. The main difference between the two approaches is that only the former can operate locally. It is shown that, for this reason, circumstance-of-evaluation relativism makes erroneous semantic predictions about (relative) gradable adjectives.