While it is common in social epistemology, philosophy of education and sociology to speak of theoretical knowledge, the concept of theoretical knowledge used in ordinary discourse has not been properly examined, and its relations to other types of knowledge remain unclear. This article argues that this ordinary language notion of theoretical knowledge has a distinct meaning different from the meanings of terms for other knowledge types, for example, knowledge‐that, and meta‐cognitive knowledge, and provides an analysis that characterizes theoretical knowledge as (...) distinguished by its indirectness. The article then discusses the implications of this view for the practical role of theoretical knowledge and suggests that a reappraisal of its epistemic significance is due. (shrink)