This paper has two main aims: first, to set forth an analysis of Timaeus 48E-52D and then to explore the significance of those pages for our understanding of Plato’s metaphysics. Students of the “Receptacle” in Plato’s Timaeus have given close attention to the many metaphors he offers in his explanation of its nature. Less attention has been given to the overall structure of the passage in which he presents it. In this paper, I attempt to show that Plato’s exposition there (...) exhibits a coherent and very careful design. But once that design is grasped, it can be seen that his extended account of the Receptacle must properly be understood to treat a rather different subject: the nature of an image, rather than the nature of the Receptacle, is the focal concern uniting the whole of 48E-52D. (shrink)