Distinct between Taxonomy, Thesaurus, and Ontology

Taxonomy signifies the hierarchical representation of terms, while a thesaurus includes definitions, hierarchy relationships, and related terms like synonyms and acronyms. Ontology acts as a structure to resolve entities, establish relationships, and provide context by incorporating properties, classes, relations, and attributes. Thus, an ontology empowers a taxonomy and thesaurus, offering them wings for enhanced functionality and integration of technologies such as Natural Language Processing (NLP).