The paper aims to present the analysis of usage and to reveal
the variety of meanings of the term "narrative" in the British and
American political discourse. This allowed to specify the structure, types and
functions of narrative. The author concludes that in the contemporary British
and American political discourse the term "narrative" retaining its
semantic connections with the original meaning "a story, a description
of events" acquires a variety of new meanings: "a motto, a concept,
an idea, a doctrine, an explanation, a version, a myth, a stereotype".