The subsumption of reference

How can the reference of theoretical terms be stable over changes of theory? I defend an approach to this that does not depend on substantive metasemantic theories of reference. It relies on the idea that in contexts of use, terms may play a role in a theory that in turn points to a further (possibly unknown) theory. Empirical claims are claims about the nature of the further theories, and the falsification of these further theories is understood not as showing that a term in the original theory fails to refer, but rather that a scientific hypothesis encapsulated by the further theory is mistaken.