Recent neurocognitive studies of visual word recognition provide information about neuronal networks correlated with processes involved in lexical access and their time course (e.g., [Holcomb, Ph.J., Grainger J. and O'Rourke, T. (2002). An Electrophysiological Study of the Effects of Orthographic Neighborhood Size on Printed Word Perception, J. of Cogn. Neurosci. 14 938-950; Binder, J.R., McKiernan, K.A., Parsons, M.E., Westbury, C.F., Possing, E.T., Kaufman, J.N. and Buchanan, L. (2003). Neural Correlates of Lexical Access during Visual Word Recognition, J. Cogn. Neurosci. 15 372-393.]). These studies relate the orthographic neighborhood density of letter strings to the amount of global lexical activity in the brain, generated by a hypothetical mental lexicon as speculated in an early paper by [Jacobs, A.M. and Carr, T.H. (1995). Mind mappers and cognitive modelers: Toward cross-fertilization, Behav. Brain. Sci. 18 362-363]. The present study uses model-generated stimuli theoretically eliciting graded global lexical activity and relates this activity to activation of lexical processing networks using event-related potentials (ERPs). The results from a lexical decision task provide evidence for an effect of lexicality around 350 ms post-stimulus and also a graded effect of global lexical activity for nonwords around 500 ms post-stimulus. The data are interpreted as reflecting two different decision processes: an identification process based on local lexical activity underlying the 'yes' response to words and a temporal deadline process underlying the 'no' response to nonwords based on global lexical activity.