The Postmodern Era has been widely researched in Russia and abroad. Nevertheless, it is still debatable for both Russian and Western scholars. The problem of language and its metamorphoses has become one of the key issues in this respect. We focus on studying characteristics of the postmodern period, not taking into account its value system. Thus, based on the characteristics of postmodernity we might form an idea of the language itself in the above-mentioned period, since every concept is inevitably manifested in the language.