1. A computer-implemented method of processing a first text stream for execution by a processor, the method comprising: accessing, from a non-transitory computer-readable medium, the first text stream; parsing the first text stream by breaking the first text stream down into a first collection of words; analysing the first collection of words to identify a homonym candidate, the homonym candidate being associated with a first meaning and a second meaning; generating a homonym word pattern, the homonym word pattern comprising at least one word of the first collection of words, the at least one word being selected based on a distance between the at least one word and the homonym candidate in the first text stream, the distance being a number of words separating the at least one word of the first collection of words from the homonym candidate in the first text stream; determining, for at least one word of the homonym word pattern, a first context element; generating a homonym context pattern, the homonym context pattern being at least partially based on the first context element; parsing a second text stream by breaking the second text stream down into a second collection of words, the second collection of words being distinct from the first collection of words, the second text stream being in a same language as the first text stream; analysing the second collection of words to identify a non-homonym candidate, the non-homonym candidate being associated with a lexical tag; if a non-homonym context pattern at least partially matches the homonym context pattern, the non-homonym context pattern being at least partially based on a second context element determined for at least one word of a non-homonym word pattern, assigning the lexical tag associated with the non-homonym candidate to the homonym candidate; storing, to a memory coupled to the processor, the lexical tag; and rendering the lexical tag on a display of an electronic device.
6. The method of claim 1 , wherein the first context element and the second context element are at least one of an indication of a word form, an indication of a semantic characteristic and an indication of a grammatical characteristic.